The Cyber Security Crisis in Healthcare
Although the global ransomware attack known as WannaCry? is all but old news, it hit the healthcare industry particularly hard and left many wondering how secure their organizations really are against similar attacks. Cyber security is one of the hottest topics in healthcare today and is creating a global crisis costing billions of dollars.
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What kinds of companies need SOC reports? Organizations that provide the following types of services for customers/clients may benefit from a SOC examination and report to demonstrate to customers/clients the strength of their internal controls: Software as a Service Outsourced Transaction Processors (e.g., Payroll Processors, TPA’s) Professional Services with Access to Sensitive Client Data (e.g, […]
On April 4, CMS announced that for cost reporting periods beginning on or after October 1, 2019, providers must comply with a “longstanding” rule to claim reimbursement for crossover bad debts from the Medicare program. After this point, providers will be denied reimbursement for their crossover bad debts unless the underlying balances are logged to […]