Harmony Insight

Cybercriminals didn’t take a break during the height of the COVID-19 pandemic. There were nearly 792,000 reported cybercrime complaints in 2020, an increase of 300,000 from the previous year. It’s estimated that the monetary loss from cybercrime in 2020 was approximately $945 billion, a more than 50% increase in 2 years. Healthcare is the 2nd most cyber-attacked industry. It costs an average of $7 million for each data breach within the industry, and it cost victims approximately $30 million in 2020. Let's take a look at some statistics that flesh out the sheer impact of this: One report estimated that the…

The American Medical Association (AMA) has released 405 editorial changes in the 2022 CPT code set, including almost 250 new codes. The organization announced the updated CPT coding set in September, enabling organizations to begin planning for the year ahead. Advances in medicine bring expanded coding, billing, reporting needs. Let’s take a look at a few coding highlights and challenges for 2022. Opportunities in sight COVID-19 vaccine codes With the introduction of several vaccine formulations and manufacturers in 2021 - and now the addition of third doses - coding for these has become more complex. Pfizer, Moderna, BioNTech, and Johnson…

We're aware of the dangers of unprotected personal information circulating online. But we must be more than aware. It's vital that we also consider the security of a far more important and private type of information: our health records. The healthcare industry spends an average of $7 million for each data breach. Cybercrime in healthcare cost victims approximately $30 million in 2020. With almost 86% of physicians employing digital EMRs, it's more important than ever to protect your organization's health records. Let's explore the latest on telehealth and cybersecurity and what they mean for healthcare providers and patients.  Reviewing recent updates…