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billion by 2027. The potential consequences include identity theft, financial fraud, and reputational damage to healthcare organizations. According to MarketsandMarkets , the global cybersecurity market is estimated to grow from 173.5 billion in 2022 to 266.2 The severity of healthcare data breaches can’t be overstated.
are expected to reach $6 trillion by 2027, representing roughly 18% of the GDP. Beyond 2025, developments will include blockchain integration, advanced fraud detection, and more sophisticated predictive analytics. Kent Dicks, Chief Executive Officer at Life 365 Healthcare costs in the U.S.
Fraud and abuse, waste between $59 bn and $84 bn; and, Administrative complexity, wasting about $266 bn each year. The Centers for Medicare and Medicaid Services (CMS) forecasts that prescription drug spending will be the fastest-growing cause of rising health spending by 2027.
million Mercy Iowa City Creditors Finally Getting Paid Northwest Iowa hospital, MercyOne in Primghar, to close next month Steindler Orthopedic opens clinic in Cedar Rapids Radiologist breaks ground on $250M health campus CSA opens new location as it seeks to retain workers, deliver services Iowa nursing homes owe taxpayers $10.7
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Medicaid fraud scheme Union leaders say payroll problems persist for home care workers CT universities embrace holistic care as a way to teach the new generation of health care workers Thousands of CT residents to lose HUSKY coverage, health group says. Therapist pleads guilty to $1.6M
Medicaid fraud scheme Union leaders say payroll problems persist for home care workers CT universities embrace holistic care as a way to teach the new generation of health care workers Thousands of CT residents to lose HUSKY coverage, health group says. Therapist pleads guilty to $1.6M
AG says they have buyer for Sharon Regional Medical Center Pregnancy-related deaths in Pennsylvania rose by almost 80% in one year, new data shows New court documents suggest potential fraud in Pennsylvania health facilities RHODE ISLAND Lifespan in position to acquire two Steward hospitals; Mass.
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Million Health Care Fraud Conspiracy in Idaho Orthopedic activity in the 5 most underserved states St. Ransomware attacks against hospitals put patients’ lives at risk, researchers say States, FTC continue to target noncompetes: 3 updates The best hospital in each state, per Newsweek What to know about Stark law’s $9.2M
Medicare fraud scheme California system CEO to retire California system posts $165M annual operating loss, -18.5% Medicare fraud scheme HCA to acquire Prime Florida hospital HHS Office for Civil Rights Imposes a $1.19 Medicare fraud scheme HCA to acquire Prime Florida hospital HHS Office for Civil Rights Imposes a $1.19
Lima FLORIDA Allstate accuses Florida clinic of billing fraud, unnecessary spine surgeries Baptist Health, Compass Surgical Partners to launch ASC network Broward Health taps former Cleveland Clinic Florida CEO Cape Coral medical office building sells for $2.2M to settle improper billing allegations COVID-19 variant JN.1
The latest grades are out New Jersey man sentenced for $4M healthcare fraud scheme New Jersey nursing home pauses admissions after state finds multiple health violations N.J. life science stocks plunge on prospect of RFK Jr. as HHS head Mass General Brigham primary care physicians eye unionizing Novartis signs deal with Mass.
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