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July 30, 2024
CrowdStrike outage expected to cost healthcare $1.9B: Report
Becker's Hospital Review
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Contributed by: Drex DeFord
Summary
A recent report by Parametrix Solutions estimates that the healthcare industry could face losses of $1.9 billion due to a CrowdStrike IT outage caused by a faulty software update on July 19. The update resulted in widespread Windows system crashes, significantly impacting the healthcare and banking sectors in the U.S. According to the report, 75% of firms in these sectors experienced direct financial impacts. The insights were derived from analyzing over 54 billion data points related to cloud service performance. Meanwhile, CrowdStrike CEO George Kurtz announced that over 97% of Windows sensors affected by the outage have been restored.
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