“Ransomware ‘bull’s eye’ grows, clouding telehealth’s rise in long-term care”

Ransomware ‘bull’s eye’ grows, clouding telehealth’s rise in long-term care,” by Kimberly Marselas, McKnight’s LTC News

Quote:  “Even as COVID-19 and its emphasis on telehealth have opened providers to greater cybersecurity risks, insurance policies that offer potential protection are becoming more expensive, and in some cases, harder to get. Insurers are issuing 25% to 50% premium increases this year, reflecting a large number of ransomware payouts over the last year and a half, according to David Basham, an Atlanta-based broker for Willis Towers Watson.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Just what LTC providers needed, another major worry after pandemic liability, impecunious Medicaid reimbursements, and staffing shortages.