Health Catalyst has acquired Intraprise Health, a cybersecurity firm, for approximately $43 million to strengthen its healthcare data management and cybersecurity capabilities. The transaction, which includes cash and about 2.2 million shares of common stock, aims to integrate Intraprise's cybersecurity risk management platform with Health Catalyst's existing systems. This partnership is intended to enhance risk management and information security, helping clients develop cyber resilience programs. In its third-quarter report for 2024, Health Catalyst reported revenues of $76.4 million and an adjusted EBITDA of $7.3 million, indicating a positive financial trend following a previous net loss.

Health Catalyst Acquires Intraprise Health to Strengthen Cybersecurity in Healthcare MobiHealthNews

A recent data breach at Presbyterian Healthcare Services may have compromised the personal information of patients, including names and addresses. The law firm representing the healthcare provider is investigating the breach's extent and its potential impact on individuals. In response, Presbyterian Healthcare Services is collaborating with the firm to assess the situation and notify affected patients on how to protect themselves from identity theft or fraud. This incident underscores ongoing concerns about healthcare data security and highlights the need for stronger cybersecurity measures within the industry. Updates from the organization regarding the investigation are anticipated.

Data Breach Exposes Patient Information at Presbyterian Healthcare Services Albuquerque Journal

In response to a notable outage caused by a flawed CrowdStrike security update in July, technology leaders are reassessing their IT operational resilience. A survey by Cockroach Labs and Wakefield Research revealed that over 90% of 1,000 senior cloud architects and engineers recognized operational weaknesses that could lead to costly interruptions, with nearly half admitting to inadequate measures for improvement. The incident, which disrupted millions of Windows systems and impacted major airlines and banks, underscored the necessity for robust cybersecurity and operational strategies, as companies reported an average of 86 outages a year, with significant recovery times and resultant productivity losses.

Tech Leaders Rethink Resilience After Major CrowdStrike Outage Exposes Vulnerabilities CIODive

Ransomware attacks and cyber threats are increasingly affecting healthcare services in the U.S., with an average of two data breaches occurring daily, according to Greg Garcia of the Health Sector Coordinating Council Cybersecurity Working Group. A recent ransomware incident at Memorial Hospital in Bainbridge, Georgia, disrupted its electronic health records system, forcing a temporary shift to paper processes. Meanwhile, Summit Pathology in Colorado reported a significant data breach impacting over 1.8 million individuals, with sensitive patient information being compromised.

Ransomware Surge Disrupts U.S. Healthcare, Compromising Patient Data Healthcare IT News

Health Catalyst has acquired Intraprise Health, a cybersecurity firm, for approximately $43 million to strengthen its healthcare data management and cybersecurity capabilities. The transaction, which includes cash and about 2.2 million shares of common stock, aims to integrate Intraprise's cybersecurity risk management platform with Health Catalyst's existing systems. This partnership is intended to enhance risk management and information security, helping clients develop cyber resilience programs. In its third-quarter report for 2024, Health Catalyst reported revenues of $76.4 million and an adjusted EBITDA of $7.3 million, indicating a positive financial trend following a previous net loss.

Health Catalyst Acquires Intraprise Health to Strengthen Cybersecurity in Healthcare MobiHealthNews

A recent data breach at Presbyterian Healthcare Services may have compromised the personal information of patients, including names and addresses. The law firm representing the healthcare provider is investigating the breach's extent and its potential impact on individuals. In response, Presbyterian Healthcare Services is collaborating with the firm to assess the situation and notify affected patients on how to protect themselves from identity theft or fraud. This incident underscores ongoing concerns about healthcare data security and highlights the need for stronger cybersecurity measures within the industry. Updates from the organization regarding the investigation are anticipated.

Data Breach Exposes Patient Information at Presbyterian Healthcare Services Albuquerque Journal

In response to a notable outage caused by a flawed CrowdStrike security update in July, technology leaders are reassessing their IT operational resilience. A survey by Cockroach Labs and Wakefield Research revealed that over 90% of 1,000 senior cloud architects and engineers recognized operational weaknesses that could lead to costly interruptions, with nearly half admitting to inadequate measures for improvement. The incident, which disrupted millions of Windows systems and impacted major airlines and banks, underscored the necessity for robust cybersecurity and operational strategies, as companies reported an average of 86 outages a year, with significant recovery times and resultant productivity losses.

Tech Leaders Rethink Resilience After Major CrowdStrike Outage Exposes Vulnerabilities CIODive

Ransomware attacks and cyber threats are increasingly affecting healthcare services in the U.S., with an average of two data breaches occurring daily, according to Greg Garcia of the Health Sector Coordinating Council Cybersecurity Working Group. A recent ransomware incident at Memorial Hospital in Bainbridge, Georgia, disrupted its electronic health records system, forcing a temporary shift to paper processes. Meanwhile, Summit Pathology in Colorado reported a significant data breach impacting over 1.8 million individuals, with sensitive patient information being compromised.

Ransomware Surge Disrupts U.S. Healthcare, Compromising Patient Data Healthcare IT News