Change Healthcare

RXNT Announces Transition to Relay Exchange Clearinghouse

Retrieved on: 
星期四, 五月 9, 2024
Eras, RXNT, Payer, Health care, Change Healthcare, UnitedHealth Group, API, Pharmaceutical industry

ANNAPOLIS, Md., May 9, 2024 /PRNewswire/ -- Healthcare technology company RXNT, a leading developer of ambulatory clinical and practice management software, announced its successful transition to the Relay Exchange clearinghouse via Change Healthcare on May 9th, 2024. This transition, which follows a period of extensive beta testing, will restore full claim submission capabilities for RXNT's current and prospective customers. The decision to transition to a new clearinghouse was made with the goal of bringing systems back online as quickly and safely as possible, in turn helping practices resume their typical revenue operations and ensure their financial stability.

Key Points: 
  • ANNAPOLIS, Md., May 9, 2024 /PRNewswire/ -- Healthcare technology company RXNT , a leading developer of ambulatory clinical and practice management software, announced its successful transition to the Relay Exchange clearinghouse via Change Healthcare on May 9th, 2024.
  • This transition, which follows a period of extensive beta testing, will restore full claim submission capabilities for RXNT's current and prospective customers.
  • However, RXNT remains in active communication regarding service restoration for ERAs, Statement Printing, the Payer Finder API, and online customer portals.
  • At this time, no further action is required from all current RXNT clients to begin submitting claims via Relay Exchange.

HEALTHCARE RECORDS MANAGED BY BUSINESS ASSOCIATES SHOW SIGNIFICANT RISK TO BOTH HEALTHCARE PROVIDERS AND PATIENT CARE

Retrieved on: 
星期四, 五月 9, 2024
Dark, Mortality, HIPAA, Health care, Pharmacy, American Medical Association, AHA, History, Dark web, Patient, Change Healthcare, MPH, Physician, Medicare, Health, Web page, Pharmaceutical industry

INDEPENDENCE, Ohio, May 9, 2024 /PRNewswire/ -- In 2023, more than 93 million healthcare records were exposed or stolen in data breaches at business associates compared to 34.9 million records in breaches at healthcare providers. According to the HIPAA Journal, one of the biggest challenges in healthcare cybersecurity is securing the supply chain. The chart below shows data breaches by reporting entity.

Key Points: 
  • Advizex, a leading technology provider of infrastructure and enterprise application solutions, emphasizes that healthcare records managed by business associates present considerable risks to both healthcare providers and patient care.
  • INDEPENDENCE, Ohio, May 9, 2024 /PRNewswire/ -- In 2023, more than 93 million healthcare records were exposed or stolen in data breaches at business associates compared to 34.9 million records in breaches at healthcare providers.
  • According to the HIPAA Journal, one of the biggest challenges in healthcare cybersecurity is securing the supply chain.
  • The 2024 Change Healthcare attacks could prove to be the most consequential cyberattack on the U.S. Healthcare system in history.

R1 RCM Reports First Quarter 2024 Results

Retrieved on: 
星期三, 五月 8, 2024
Hospital, Depreciation, Reliability-centered maintenance, Forecasting, Cloud computing, RCM, Change Healthcare, Acquisition, Bank statement, GAAP

MURRAY, Utah, May 08, 2024 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the financial performance and patient experience for health systems, hospitals, and physician groups, today announced results for the three months ended March 31, 2024 and updated full year 2024 outlook.

Key Points: 
  • MURRAY, Utah, May 08, 2024 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the financial performance and patient experience for health systems, hospitals, and physician groups, today announced results for the three months ended March 31, 2024 and updated full year 2024 outlook.
  • The quarter reflects impacts of the Change Healthcare cyberattack totaling $9.5 million for revenue and adjusted EBITDA as well as additional impact from a modular customer bankruptcy.
  • “First quarter results reflect the strength and flexibility of our technology platform, our people, and our global scale.
  • R1’s management team will host a conference call today at 8:00 a.m. Eastern Time to discuss the Company’s financial results and business outlook.

Precipio Secures a short-term $500K Credit Facility

Retrieved on: 
星期一, 五月 6, 2024
Insurance, Change Healthcare, Bank

Many healthcare businesses, including Precipio’s Diagnostic Services division, rely on Change Healthcare (CH) to submit bills and collect cash from various payors and insurance companies for the services they provide.

Key Points: 
  • Many healthcare businesses, including Precipio’s Diagnostic Services division, rely on Change Healthcare (CH) to submit bills and collect cash from various payors and insurance companies for the services they provide.
  • As mentioned on the call, payments from customers of Precipio’s Products division are not processed through CH and were not impacted by the cybersecurity event.
  • Under the terms of the facility, the company will draw down the first $250K immediately; and can access an additional $250K in a future time, at its discretion.
  • We are committed to the continued path towards profitability, and believe this is a temporary bump in that road.”

Third-Party Data Breaches Rose 49% in 2023, Reaching Record Level, New Prevalent Study Finds

Retrieved on: 
星期三, 五月 8, 2024
Online Privacy, Technology, Mobile, Wireless, Security, Software, Networks, Internet, Data Management, Artificial Intelligence, Risk, AI, Statistics, Risk management, PJ, Change Healthcare, Benchmarking, SLA, LastPass, Risk assessment, Organization

published its 2024 Third-Party Risk Management Study today, finding that 61% of companies experienced a third-party data breach or cybersecurity incident last year.

Key Points: 
  • published its 2024 Third-Party Risk Management Study today, finding that 61% of companies experienced a third-party data breach or cybersecurity incident last year.
  • “What stands out in our report isn’t only the number of breaches, which is the highest we’ve tracked, but also the scale,” said Prevalent CEO Kevin Hickey.
  • “Breaches in 2023 impacted huge supply chains — from Okta and LastPass to Change Healthcare and PJ&A — exposing sensitive records of millions of people worldwide.
  • Prevalent’s study identified multiple areas of concern that could explain the unprecedented breadth and depth of third-party breaches.

AdaptHealth Corp. Announces First Quarter 2024 Results

Retrieved on: 
星期二, 五月 7, 2024
Health, Medical Supplies, Other Health, Medical Devices, Sleep, Dislocation, Interim, Change Healthcare, Interest, Free cash flow, Pharmaceutical industry

AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today financial results for the first quarter ended March 31, 2024.

Key Points: 
  • AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today financial results for the first quarter ended March 31, 2024.
  • Net loss attributable to AdaptHealth Corp. was $2.1 million compared to net income of $15.7 million.
  • Richard Barasch, Chairman and Interim CEO of AdaptHealth, commented, “I am pleased to report that AdaptHealth had an excellent first quarter.
  • We have continued to reduce our debt in excess of required payments and expect that we will be below 3x leverage in 2024.

Hospital PMI® at 53.5%; April 2024 Hospital ISM® Report On Business®

Retrieved on: 
星期二, 五月 7, 2024
Spend, Hospital, Burn, Business, Change Healthcare, Case mix index, MBA, COVID-19, Growth

The Business Activity Index expanded for the eighth consecutive month.

Key Points: 
  • The Business Activity Index expanded for the eighth consecutive month.
  • The New Orders Index remained in expansion for the eighth straight month, and the Employment Index moved back into contraction territory.
  • LeMaster continues, "Hospital Business Survey Committee respondents' facilities had an uptick in patient volumes during April.
  • Inventory levels contracted due to the volume increases and active efforts to burn pandemic stock and reduce hedge stock."

Anatomy Launches AI Healthcare Lockbox in Partnership with CheckAlt

Retrieved on: 
星期一, 五月 6, 2024
Pain, HIPAA, Health care, Insurance, EOB, Partnership, Patient, Change Healthcare, Health, Neurosurgery, SAN, Nursing

SAN FRANCISCO, May 6, 2024 /PRNewswire/ -- Anatomy, a platform to automate financial operations for healthcare, today announced the launch of its modern AI Healthcare Lockbox. The Anatomy Healthcare Lockbox is purpose built for healthcare organizations, automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents.

Key Points: 
  • The Anatomy Healthcare Lockbox is purpose built for healthcare organizations, automating check digitization and converting Explanation of Benefits (EOBs) into standardized 835 electronic remittance advice documents.
  • The Anatomy Healthcare Lockbox leverages a strategic partnership with CheckAlt , a recognized leader in technology-enabled lockbox solutions.
  • "We are thrilled to partner with CheckAlt to deliver this transformative lockbox solution to the healthcare industry," said Sasha King, Co-CEO of Anatomy.
  • Healthcare organizations - medical or dental practice, digital health services, or billing companies that bill insurance - can sign up for a demo of Anatomy's Healthcare Lockbox here .

APhA's cybersecurity recommendations to secure the pharmacy ecosystem and patient safety

Retrieved on: 
星期三, 五月 1, 2024
Pharmacist, Policy, Human services, Record, Statement, American Pharmacists Association, White, Patient safety, Change Healthcare, Multimedia, Health, Pharmacy, Medical device

WASHINGTON, May 1, 2024 /PRNewswire/ -- The American Pharmacists Association (APhA) released cybersecurity recommendations today for urgent policy changes to better secure the pharmacy ecosystem and patient safety.

Key Points: 
  • WASHINGTON, May 1, 2024 /PRNewswire/ -- The American Pharmacists Association (APhA) released cybersecurity recommendations today for urgent policy changes to better secure the pharmacy ecosystem and patient safety.
  • The recommendations were submitted as Statements for the Record to the Senate Finance Committee and the House Energy and Commerce Oversight and Investigations Subcommittee for the congressional hearings taking place today on the Change Healthcare cyberattack.
  • APhA strongly believes that continuity of patient care is paramount and cannot be jeopardized or compromised again.
  • The full recommendations can be found here: https://www.pharmacist.com/Advocacy/Issues/Cybersecurity
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Phosphorus Brings the Industry’s Only Proactive Cyber-Physical System (CPS) Protection Platform to RSAC 2024

Retrieved on: 
星期四, 四月 25, 2024
CPS, Organization, FIX, Internet of things, Risk, Destroy Lonely, Cyber-physical system, OT, IoMT, Unified, Classification, Change Healthcare, Intelligence, Omni Hotels & Resorts, MGM, RSAC, Computer, IAD, Industrial internet of things, Risk management

NASHVILLE, Tenn., April 25, 2024 (GLOBE NEWSWIRE) -- Phosphorus Cybersecurity Inc., the leading provider of unified, prevention-based security management for the xTended Internet of Things (xIoT), is revealing groundbreaking new capabilities for enterprise Cyber-Physical System (CPS) protection at RSAC 2024 with its category-defining Unified xIoT Security Management Platform .

Key Points: 
  • NASHVILLE, Tenn., April 25, 2024 (GLOBE NEWSWIRE) -- Phosphorus Cybersecurity Inc., the leading provider of unified, prevention-based security management for the xTended Internet of Things (xIoT), is revealing groundbreaking new capabilities for enterprise Cyber-Physical System (CPS) protection at RSAC 2024 with its category-defining Unified xIoT Security Management Platform .
  • As the industry’s only CPS Protection Platform proactively covering the entire security and management lifecycle for xIoT, Phosphorus is delivering unprecedented security capabilities to many of the world’s leading organizations, from manufacturing to healthcare and hospitality.
  • The company’s award-winning, Gartner-recognized Unified xIoT Security Management Platform offers the industry’s only proactive approach to security management for the exploding IoT, OT, and IoMT attack surface.
  • To learn more about Phosphorus’ security solutions and activities at RSAC, or to schedule a meeting or personalized demonstration with the Phosphorus team, sign up here .