By David Burda – Part of our Cybersecurity Awareness Month. IBM released its annual Cost of a Data Breach report based from 553 companies or organizations in 16 countries across 17 industries. The average cost of a data breach in healthcare was $10.9 million this year, up 8.2% from $10.1 million in 2022.
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By David Burda – Like everyone else, manufacturers in the U.S. are concerned about healthcare costs and the affordability of medical care. In this case, the concern is for themselves and for their workers, respectively.
By David Burda – Everyone knows what’s wrong with healthcare. Well-honed business practices by incumbent industry sectors and organizations make care less affordable, less accessible and less safe for patients because maintaining the status quo enriches incumbent industry sectors, organizations and their executives.
The thought leaders in our community are good about sharing their thoughts on the issues of today. Here are the top read and shared guest posts of July that we think deserve sharing again.
By David Burda – Two researchers — one from Georgetown, the other from Harvard — wanted to know how raising the fines for hospital noncompliance with the federal price transparency rules affected hospital compliance with the rules. The researchers defined compliance as posting a…
By David Burda – Businesses in healthcare run like businesses in any other industry. It’s all about market leverage and who has the upper hand. When you have market leverage and the upper hand, you can charge more for your goods and services without feeling the competitive pressure to improve your goods and services.
The thought leaders in our community are good about sharing their thoughts on the issues of today. Here are the top read and shared guest posts of June that we think deserve sharing again.
By David Burda – Hospitals and doctors charge sick or injured patients unaffordable prices for their care. Patients as a result rack up billions of dollars in unpaid medical bills across the country. The question is, what is there to do about it?
By David Burda – Healthcare executives always lie about why they did what they did, whether what they did is a merger, acquisition, affiliation or strategic partnership. The only correct answer is “for economic reasons.” They made a deal to preserve revenue or profits or to increase revenue or profits. That’s it. Sorry.