Alvaka Networks Shares the Amount of a Typical Ransomware Demand
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In How Much is a Typical Ransomware Ransom?, Alvaka Networks reports that by May 2020 ransoms had tripled to $200-300k, and by September 2020, they were seeing $1-2M-plus ransoms. Last month, Alvaka's Oli Thordarson saw his first $20M ransom. And, because of these large, and growing, ransom demands, as well as additional factors, Alvaka has published: Top 5 Reasons to Invest in Cyber Breach Insurance. Meanwhile, Oli shares an article - Ransomware will likely get worse in 2021: report - which says that, in 2021, hospitals are likely to remain major targets, amid the pandemic, as criminals "casually blow past any ethical red lines." It also says the average ransom payment jumped 31% to $233,817, in the third quarter from the second quarter. (Oli Thordarson, OC)
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Axene Health Partners Suggests the Good That Will Come Out of COVID-19
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In What Good Will Come Out Of COVID-19?, Axene Health Partners discusses "some of the good things that will help shape our future," including medical testing; virtual medicine; vaccine development; sanitation and cleanliness; social health awareness; and delivery services. And, in The ACA's Silver Bulletin, Axene asks, "What if I told you that two sentences in a rate filing guidance could potentially add $5 billion of federal subsidies to the individual market and bring substantial premium relief to low-income consumers across the nation if implemented by every state? And that doing so would not be a "gimmick" designed to increase federal spending but rather correcting anti-consumer pricing distortions by properly enforcing current ACA rating rules and assuming rational consumer behavior?" (John Price, SF)
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Choice in Aging CEO Spotlighted in News Video on COVID-19 Vaccine
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Covisus Wins 2020 AIDC Award for Its Revolutionary Tech
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AIM recently named Covisus the 2020 Automatic Identification and Data Capture Award Winner for its breakthrough vTag technology, a tagless track-and-trace solution for item/package-level covert traceability, ideally suited to meet regulatory requirements and to help prevent counterfeit activities. Covisus' vTag is currently being adopted by the medical device and military/aerospace communities. AIM is a leading industry association in innovation, standards, and solutions in barcode, biometrics, IoT, NFC, RFID, RTLS, and RAIN. (Naresh Menon, Ph.D., LA)
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El Camino Health & Bloom Energy Deploy Shield T3 to Curb COVID
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Bloom Energy and El Camino Health (ECH) announced the launch of the University of Illinois' innovative Shield T3 COVID testing system and mobile laboratory at Bloom Energy's manufacturing facility in Sunnyvale, CA. The new mobile lab, overseen by ECH, is open to Bay Area businesses and schools for simple, rapid and inexpensive COVID-19 testing. Meanwhile, ECH's Mountain View Hospital earned an 'A' in the Leapfrog Hospital Safety Grade program, which uses up to 27 measures of publicly available hospital safety data to assign grades to 2,600+ U.S. acute-care hospitals twice per year. (Cecile Currier, SV)
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GeBBS Ranked in Top 10 of Largest Revenue Cycle Management Companies
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GeBBS Healthcare Solutions was named to Modern Healthcare's list of the nation's Top 10 largest revenue cycle management companies. The list includes 24 firms that have dedicated practice areas and staff to address the needs of the healthcare revenue cycle process. (Gabe Stein, LA)
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Kaiser Permanente Tops National Survey on Customer Satisfaction
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Kaiser Permanente (KP) rated highest in customer satisfaction in a recent national survey of 2,200+ healthcare policy holders conducted by Insure.com. The survey ranked the 15 leading health insurers on value for price, customer service, website and mobile app usefulness, and more. Also, 29 KP hospitals received "A" grades in the Leapfrog Group's latest Hospital Safety Grade report. (Marcos Vasconcelos, OAK)
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Kencor Discusses Importance of User Interface & Experience Design in Healthcare
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In Healthcare UI/UX Patient Engagement & Design in 2021, Kencor examines several things to watch for in the new year and beyond: artificial and virtual reality in healthcare; telehealth and telemedicine; healthcare bots; and devices and wearables. (Muthu Krishnan, SV)
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King & Spalding Wins Accolades & Provides Healthcare Law Info
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U.S. News & World Report and Best Lawyers ranked multiple King & Spalding practices across the U.S. in its 2021 "Best Law Firms" edition, including Tier 1 designations in 21 practice areas, including Health Care Law and FDA Law nationally, as well as 119 regional rankings, including Tier 1 in Los Angeles and Sacramento in Health Care Law.
Meanwhile, on January 12, Marcia Augsburger will co-present at a webinar - The New Frontier in Managed Care: An Overview of the Newly Passed Federal Surprise Billing Legislation - at 9:30 a.m. Pacific.
And, on January 7, 14 and 21, K&S will present a three-part webinar - Recalculating: Major Stark, Anti-Kickback and CMP Final Rule Changes Are Taking Us in a New Direction - at 10 a.m. Pacific.
Plus, read Key Takeaways From the 13th Annual King & Spalding Medical Device Summit and Congress Restores Application of Federal Antitrust Laws to Health Insurers. (Marcia Augsburger, JD, SF & Travis Jackson, JD)
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KMD Architects Gives Progress Report on Pacific NW National Laboratory
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KMD Architects recently shared on LinkedIn that "amazing progress in pathogen discovery is happening at a facility we designed for the Pacific Northwest National Laboratory (PNNL) in Richland, WA. The PNNL Biological Sciences Facility and Computational Sciences Facility are connected by a two-story, transparent atrium that provides shared common spaces where researchers from both disciplines can collaborate and share ideas. (Rob Matthew, SF)
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LigoLab Details "The Journey to One Million COVID-19 Tests"
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In The Journey to One Million COVID-19 Tests, LigoLab provides an update on its partner Reditus Laboratories, which recently surpassed one million tests for SARS-CoV-2. "Quite a remarkable accomplishment, especially when you consider the practice had only just added molecular diagnostic testing to its growing histopathology business in April, just as the first wave of the pandemic was hitting central Illinois. So how did they do it, and how can other laboratories follow suit?" (Suren Avunjian, LA)
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Mazzetti Encourages Healthcare Climate Leadership
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In his recent article on LinkedIn, Walt Vernon of Mazzetti discusses the promise and challenges of achieving carbon neutrality, including for healthcare organizations. He also provides a link to Mazzetti's recent paper, 2030: Next Steps to Healthcare Climate Leadership, and links an excellent 4-minute video capsule of key quotes from several of the contributors to the booklet. Authorities included in the project are ABL Members Dave Sayen and Greg Buchert, MD. (Walt Vernon, JD, SF)
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MedWand Wins "Best of What's New" from Popular Science
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MedWand has been honored with a 2020 "Best of What's New" award in the Health category by Popular Science magazine, which noted that "telehealth has long had the potential to transform healthcare for people living in rural areas or those who can't physically get to the doc, but the COVID-19 pandemic has made it even more critical." Meanwhile, MedWand will be participating in the CES 2021 Virtual Conference, on January 12, in a presentation on Telehealth: Augmenting the Experience with Technology. (Bob Rose, OC)
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Mission Hospice Presents Event to "Redefine Hope at the End of Life"
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Upcoming events from Mission Hospice include Redefining Hope at the End of Life, on January 14, in which psychology professor Dr. David B. Feldman will discuss research and casework to explore how the meaning of hope shifts from cure to quality of life. He will suggest practical ways that professionals can help the people they serve make this important shift; and The Five Invitations, discussion #1: Don't Wait, on Jan. 20, which will be part one of a six-part facilitated exploration of what death can teach us about living fully. (Dolores Gomez, SF)
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Nelson Hardiman Explains New California Employment Laws
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OneLegacy Participates in TV Special & Featured in LA Times
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OneLegacy and Donate Life participated in the January 1st Tournament of Roses 2021 TV special, exhibiting their 25-foot floral sculpture, entitled "Community of Life," which honored 21 organ and tissue donors as well as six donation healthcare heroes who have helped give others a second chance at life. Also, OneLegacy was recently highlighted in the Los Angeles Times Gift Giving Guide for its support of initiatives to improve organ, eye, and tissue donation and transplantation. (Tom Mone, LA)
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PreludeDx Shares Insights on its Test from Cleveland Clinic Physician
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In this four-minute video, "Dr. Chirag Shah, Cleveland Clinic, discusses clinical outcomes results presented at the recent San Antonio Breast Cancer Symposium and the impact on clinician decision making today regarding radiation therapy. Dr. Shah shares that the key results of the study showed that by using DCISionRT, from PreludeDx, physicians can potentially reduce overtreatment of radiation by reducing the number of DCIS patients recommended to receive radiation. And in a subset of patients, increased the recommendation for radiation therapy following the test, thus potentially enabling appropriate treatment decisions and avoiding over- or under-treatment." (Dan Forche, OC)
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Satellite Healthcare's Rick Barnett to Retire
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Long-time ABL Member Rick Barnett has announced his upcoming retirement as CEO of Satellite Healthcare, effective on January 31, 2021. In his six years leading Satellite, Rick directed successful campaigns to expand service to Hawaii and to key care providers, including national pharmacy chains and healthcare systems. He was integral in making improvements to Satellite's patient quality, service and physician relationships. Rick is looking forward to serving on boards of directors and advisors. Meanwhile, Satellite's Jim Glafkides remains an ABL-Health SV Round Table Member and COO Bernadette Vincent is joining the ABL-Health OAK Round Table. And, the Satellite Healthcare Board, chaired by ABL-Health OC Member Chris Selecky, has selected Jeffrey Goffman as Satellite's new CEO.
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Savi Group Explains How Covid Vaccine Billing & Coding Will Work
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VivaLNK Expands Medical Data Platform; Sees Rapid Growth in RPM
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VivaLNK recently announced the expansion of its Medical Data Platform for global partners - designed for rapid development and deployment of remote patient monitoring applications, and ensuring patient vitals can be captured continuously from any location and delivered successfully to clinical applications. VivaLNK has expanded its partners in Europe with the addition of CardioCalm in Italy, Avittia in Greece, and Current Health in the UK. The company now boasts over 90 healthcare solution partners across 22 countries. (Jiang Li, Ph.D., SV)
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Wipfli Earns Registered Provider Organization Authorization
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Wipfli has been certified as a Registered Provider Organization (RPO), noting that in 2020 the Department of Defense enacted new rules to expand cybersecurity requirements within its supply chain. These new rules established the Cybersecurity Maturity Model Certification (CMMC), which businesses must achieve in order to be awarded new contracts by the DoD. RPOs [such as Wipfli] can advise DoD suppliers on how to prepare for their CMMC assessment and achieve the certification. (Jeff Johnson, OAK, & Steve Rousso)
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