Probably not.
A recent study found that the total average cost of a healthcare breach is $10.10 million.
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Can your healthcare practice afford a breach? Most healthcare entities cannot.
Since 2020, healthcare breach costs have risen by 42%.
As we know healthcare breaches are incessant, it is important to understand trends.
The trends that have emerged over the past few years are:
Repeat attacks. Many healthcare entities have seen repeat attacks.…
which health insurance company is the best?
UC San Diego Health Spotlights SMART Health Insurance Cards
highlights
– First demonstration of the new QR code standard for health insurance cards.
– New model will allow providers to scan QR code, verify its authenticity and ingest the data into their systems automatically.
– Collaborating partners include UC San Diego Health, UC Irvine Health, UCLA Health, UCSF Health, UC Davis Health, UCR Health, Evernorth Health Services, Healthcare Financial Management Association, The Commons Project, VCI Coalition and CARIN Alliance.
SMART Health Insurance Card Initiative
During a digital health symposium this week, Christopher Longhurst, MD, with UC San Diego Health, pulled up a QR code from his phone’s digital wallet,…
Future-proofing the health and wellbeing of Canadian workplaces
The Benefits Together Conference Series provides a forum for meaningful dialogue on meeting the diverse health and wellness needs of employees
TORONTO, May 4, 2023 /CNW/ – At an exclusive conference series in Halifax (April 19), Toronto (April 26) and Montreal (May 3), speakers and delegates came together to exchange thoughts, ideas and actionable strategies to support the health and wellbeing of today’s workforce.
Alaina Mackenzie and Bernard Lord (CNW Group/Medavie Blue Cross)
Hosted by Medavie Blue Cross, Benefits Together put access to care, mental health and diversity and inclusion into focus, while exploring the urgent questions and transformational trends…
Remarriage and Estate Planning – Rickard & Associates
If you are getting remarried, it is essential to understand your spouse’s inheritance rights.
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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.
You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.
Then, you want to be familiar with the intestacy laws in your…
Integration of My Number and accelerating health insurance cards
With the government aiming to integrate health insurance cards into My Number cards in the fall of next year, medical institutions will be required in principle to accept My Number cards with health insurance functions starting this month.
However, concerns remain among medical and welfare workers who worry about the possibility of people who don’t own My Number cards having difficulty seeing a doctor, or issues related to handling the My Number cards of patients and welfare service users.
“If (health insurance cards are) integrated into My Number cards, the burden of safekeeping them will become incomparably tougher,” said an…
Physician Contracting 101 – Rickard & Associates
Physician contracts are often complicated and have unique terms. We help our clients understand the terms and negotiate their contracts.
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Many of our clients are physicians who are negotiating or renegotiating their employment contracts with their employers. Sometimes these are with health systems, hospitals, or small physician offices.
We also have clients come to us with issues after they negotiated their own contracts.
Physician contracts are unique, as they have standard…
How I Recovered from Over $500,000 Worth of Medical Debt
A sudden diagnosis of heart failure in an otherwise healthy 28-year-old person is challenging to accept.
Spending the next months grappling with questions like “Will he be able to go back to work?” and “How will we make payments on our mortgage?” was difficult.
We were married just three years prior, had children, and were shocked to see a huge medical bill show up for the unexpected diagnosis of a chronic health condition.
Pulling together and working hard to make big decisions, we were able to pay off $500,000 worth of medical debt and put ourselves on the path to…
Opinion: Canadians are the biggest losers in the Supreme Court’s latest health care decision
It was 18 years ago that the Supreme Court of Canada ruled that waitlists for health care in Quebec were an affront to a patient’s constitutional rights – opening the door to private health insurance in the province.
Which is why the court’s decision last week not to hear an appeal of a BC Court ruling, which bans extra-billing and private insurance, is so puzzling. And infuriating. Because not much has changed in the nearly two-decade-long span since its landmark decision on this matter. In fact, it could be argued, the situation has deteriorated even further, with the crisis in…