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5 Considerations for Managing Data in the Internet of Medical Things (IoMT) Era

Healthcare IT Today

The global Internet of Medical Things (IoMT) market is expected to reach over $187 billion by 2028, more than four times its worth in 2020—owing in part to improving technology and the rise in remote care during the COVID-19 pandemic. The healthcare market is no exception.

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Wistful Thinking: The National Health Spending Forecast In a Land Without COVID-19

Health Populi

health care spending will grow to 20% of the national economy by 2028, forecasted in projections pre-published in the April 2020 issue of Health Affairs, National Health Expenditure (NHE) Projections. trillion in 2028. Hospital care spending, the largest single component in national health spending, is estimated at $1.3

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How to Address Security Issues in IoT Devices – Cybersecurity

Healthcare IT Today

billion and is expected to grow to more than USD 190 billion by 2028. IoT devices may be housed at a patient’s home rather than a hospital’s network, which adds to the confusion. To address the growing cybersecurity risks in IoT devices, governments around the world have introduced several legislations.

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Connected Medical Devices—the Next Target for Ransomware Attacks

Healthcare IT Today

Healthcare organizations, however, should not wait until these government mandates come into play. This data clearly shows that the sector needs to start making IoMT cybersecurity a priority now to prevent human harm—not wait for the government to take the lead. There are millions of vulnerable medical devices presently in operation.

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Third-Party Risk Management Actions to Avoid Data Breaches

Healthcare IT Today

billion by 2028. Review evidence of controls in place such as policies to govern actions, procedures around access and the storage and processing of data, and validation of such controls through third-party audit reports and penetration tests before signing a contract and as part of monitoring them on an ongoing basis.

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Health Care Real Estate Briefing – January 24, 2022

Hall Render

The American Hospital Association is asking Congress to add $25B to the provider relief fund to help hospitals respond to recent COVID-19 surges per Becker’s Healthcare. New research on hospital mergers was released. CMS predicts that home health expenditures will reach $201B by 2028, a 73% increase from 2020.

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What You Don’t Know About Your Patients Could Cost You

HIT Consultant

Healthcare spending is projected to exceed $6 trillion by 2028 , largely driven by rising costs of care for an aging population and the growing number of Americans suffering from chronic physical conditions such as pulmonary disease, diabetes and hypertension. Sheila Talton, CEO of Gray Matter Analytics. Leverage Advanced Analytics.