August 21, 2024
Epic Systems will transition its customers to the Trusted Exchange Framework and Common Agreement (TEFCA), an initiative mandated by the 21st Century Cures Act to enhance nationwide health information interoperability, by the end of 2024. TEFCA offers a unified governance and technical standard framework, and Epic Nexus has been designated as a Qualified Health Information Network to facilitate this transition. Carequality, which currently connects a vast network of healthcare providers and is used by Epic’s community, has also announced plans to align with TEFCA. Despite past controversies over record requests, Epic assures continued support for Carequality during the transition to ensure successful interoperability.
Epic plans nationwide transition by 2025 Becker's Hospital Review
August 21, 2024
Earlier this year, Change Healthcare, a UnitedHealth-owned health tech company, suffered a significant ransomware attack, resulting in what is likely one of the largest data breaches of U.S. health and medical data. The attack, attributed to the ALPHV/BlackCat ransomware gang, caused widespread outages across the healthcare sector, disrupting billing and prescription services. Although UnitedHealth paid a $22 million ransom for a "safe" copy of the stolen data, issues persisted as affected individuals began receiving breach notifications. UnitedHealth confirmed the breach impacted a substantial portion of the U.S. population, with potentially over 100 million individuals affected. The incident, rooted in compromised security protocols, highlights vulnerabilities in handling sensitive healthcare data and has prompted increased bounty efforts from the U.S. government to locate those responsible.
How the ransomware attack at Change Healthcare went down: A timeline TechCrunch
August 21, 2024
Action1, a patch management and vulnerability remediation startup, has declined a $1 billion acquisition offer from CrowdStrike to remain independent. Co-founder and President Mike Walters believes that staying independent allows the company to capitalize on its unique technology and dedication to patch management, projecting that Action1 can grow into a multibillion-dollar business. The founders' previous success with Netwrix and the company's financial independence contribute to this decision, allowing them to prioritize long-term growth. Customer sentiment also played a role, with many expressing concerns that an acquisition might negatively impact Action1's existing offerings.
No Deal: Action1 Rebuffs CrowdStrike's Interest in $1B Buy BankInfoSecurity
August 20, 2024
Employer healthcare costs are projected to rise by 9% in 2025, pushing the average plan cost per employee over $16,000, according to Aon. This increase, driven by inflation, higher prices for specialty drugs, and growing demand for glucagon-like peptide 1 (GLP-1) medications, follows a 6.4% rise in 2024. As most non-elderly Americans get their insurance from employers who cover about 81% of costs, the burden is increasingly being passed to employees through higher premiums and deductibles. Despite plans to maintain health benefits, nearly half of employers may shift more costs onto workers, exacerbating affordability issues.
Employer healthcare costs projected to rise 9% in 2025: Aon HealthCare Dive

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