During a panel at the HIMSS conference in Orlando, Michael Greeley of Flare Capital Partners and Robbie Freeman of Mount Sinai Health System discussed the challenging financing landscape for digital health startups, contrasting the boom of 2021 with the current funding difficulties. They outlined key attributes for startups aiming to succeed in this environment: the capacity to rapidly demonstrate a return on investment (ROI) and the ability to showcase measurable improvements in operational efficiency, clinical burnout reduction, or patient outcomes. Greeley emphasized the importance of startups being able to quantify their impact within a short timeframe, while Freeman highlighted the need for clear, trackable success metrics for any new product trials. Both panelists agreed that startups with broad, impactful platforms have a competitive edge over those with narrower offerings.

How Can Digital Health Startups Stand Out In Today’s Landscape? - MedCity News MedCity News

A Midwest nursing home operator, SC Healthcare Holdings LLC, operating under Petersen Health Care, has declared bankruptcy due to financial troubles stemming from a ransomware attack in October and complications from a cyberattack on Change Healthcare that disrupted payments. The situation has been exacerbated by the COVID-19 pandemic, staffing issues, and inflation. In response, Senator Mark Warner introduced legislation to provide payment relief to healthcare providers hit by cyber incidents, provided they meet certain cybersecurity standards. The case highlights the broader vulnerability of the healthcare industry to cyberattacks, with Change Healthcare's attack significantly impacting financial operations and the credit outlook for smaller providers reliant on its billing services.

Nursing Home Declares Bankruptcy, Blames Recent Cyberattacks BankInfoSecurity

In this article, Shelly Kramer and Jo Peterson address the predominant concerns regarding generative AI cybersecurity risks that concern Chief Information Security Officers (CISOs). They highlight four major risks: vulnerabilities in model training and attack surfaces, data privacy issues, corporate IP exposure, and the potential for AI to circumvent security measures through jailbreaks and backdoors. Despite these risks, many companies remain underprepared, with a strikingly low percentage having developed comprehensive generative AI policies. The article outlines cybersecurity best practices for mitigating these risks, including establishing an AI governance plan, educating employees, classifying and discovering corporate data, and integrating data governance and security tools. Additionally, it covers advancements in AI-driven security solutions from vendors like Google, Microsoft, and CrowdStrike, emphasizing the importance of trustworthy AI systems and the growing reliance on AI for cybersecurity tasks.

Four generative AI cyber risks that keep CISOs up at night — and how to combat them - SiliconANGLE SiliconANGLE

A recent report from the Association of American Medical Colleges (AAMC) forecasts a potential shortage of physicians in the U.S. ranging between 13,500 and 86,000 by 2036. This projection is an update from the AAMC's 2021 report, which estimated a significantly higher shortage. The adjusted forecast reflects speculation on the growth of medical residency positions, contingent on further funding beyond current levels. AAMC President and CEO David Skorton emphasizes the critical need for continued investment in the physician workforce to avert this potential shortage. The report also underscores the influence of demographic shifts, such as population growth and aging, on the increasing demand for physicians, highlighting ongoing efforts and the necessity for expanded graduate medical education to train more doctors for future healthcare needs.

US faces potential shortage of 86,000 physicians by 2036: AAMC Becker's ASC Review