Medical Economics October 31, 2023
Captive insurance is a powerful tool for addressing risk in medical practices
If your medical practice has experienced a data breach or ransomware attack, you’re not alone. In today’s digital age, it’s a growing and relentless threat in the health care sector. The health care industry experienced 295 breaches in the first half of 2023 alone, impacting millions of patients, according to the Health and Human Services Office for Civil Rights. Even more concerning, ransomware attacks continue to disrupt patient care, with nearly half of health IT professionals reporting such incidents in a recent survey by the Ponemon Institute.
The impact on small to mid-sized private practices
These breaches have far-reaching consequences, particularly for small to mid-sized private medical practices....
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