Updates on the recent stories I’ve worked on: 1) Blackstone, a US-based private equity firm, is reportedly pursuing a significant healthcare merger in India. Already holding a majority stake in Care Hospitals' parent company, Quality Care India (QCIL), Blackstone is expected to acquire a stake in Aster DM Healthcare. The Indian healthcare sector is increasingly attracting both foreign and domestic private equity investors. I speak to Deepika Joshi, Associate Director of Business Advisory Services at BDO India LLP, as she points out several key areas of interest in this rapidly evolving market. Read more here: https://lnkd.in/e6_4q-eN 2) In May 2024, Egypt passed a law allowing private sector management of public hospitals, with the goal of enhancing healthcare services. This new law opens up potential opportunities for investors and international operators in the Egyptian healthcare market. However, prospective partners must consider various factors before entering this market. In discussions with Mahmoud Shalaby, an Egypt researcher at Amnesty International, and Mohanad Atef Eissa, International Cooperation and Health Policies Specialist at the Egypt Healthcare Authority, this article explore the specifics of the law and what a private-public hospital partnership could entail in Egypt. Read more here: https://lnkd.in/etYFDcSz 3) Infographic: Women in the UK face higher out-of-pocket healthcare costs than men, with employed women spending an average of £305 per year compared to £210 for employed men. This represents a nearly 1.5 times greater financial burden on women. Find the infographic here: https://lnkd.in/epZCmYF3 4) Advanced Computer Software Group Ltd, which provided IT and software services to the NHS during the 2022 ransomware attack, may face a £6 million fine from the Information Commissioner’s Office (ICO). The ICO has issued a provisional fine, awaiting the company’s input before making a final decision. Speaking to HBI, Lisa Ventura MBE, Founder of Cyber Security Unity Limited, explained that Advanced’s failure was due to not implementing two-factor authentication (2FA), a crucial security measure for protecting sensitive information beyond just passwords. Read more here: https://lnkd.in/ei8W6_v8 Follow Healthcare Business International for more insights on the healthcare sector.
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Healthcare companies require a compliance solution that empowers their teams with the confidence to seamlessly handle business requests involving privacy-sensitive data. To meet this pressing need, the team at Integral has created Privacy Workbench - enabling a 360-degree view of the full de-identification process in one platform so that stakeholders can confidently and quickly collaborate throughout Expert Determination initiatives. The result is swift and efficient de-identification of datasets with PHI, allowing organizations to make real-time decisions with full clarity into specific risk factors and remediation options. https://hubs.li/Q02r34XB0
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Health Information Management Series: 7 • Navigating Ethical Considerations in HIM The rapid advancements in healthcare technology have also brought forth a heightened need for HIM professionals to navigate the complex ethical landscape. As the custodians of sensitive patient information, HIM experts must ensure the ethical and responsible use of data, upholding the principles of privacy, confidentiality, and patient autonomy. Key ethical considerations in HIM include data governance, informed consent, algorithmic bias, and the equitable access to healthcare technologies. HIM professionals must collaborate with healthcare organizations, policymakers, and other stakeholders to develop robust data governance frameworks, implement comprehensive security measures, and proactively address the potential risks and biases inherent in the use of emerging technologies. AHIMA #hipweek24
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Why LexisNexis Risk Solutions for Healthcare? Empowering healthcare organizations to navigate the complexities of the industry, LexisNexis Healthcare delivers precise data, nuanced insights, and innovative modeling. We are committed to transforming business operations and improving health outcomes, all while maintaining the highest standards of security and privacy. Join us in harnessing the power of data for good. #HealthcareInnovation #DataDriven #PatientOutcomes #HealthcareData #LexisNexis #DataForGood
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Challenges and Concerns: 1. Data Security and Privacy: Since the CNMR will contain sensitive personal and professional information about doctors, ensuring the security and privacy of this data is critical. The NMC will need to ensure that the platform is secure against data breaches. 2. Transition and Implementation: Transitioning from state-level medical councils to a national database could present logistical challenges, particularly in ensuring that all practitioners are accurately registered and their data is correctly transferred. 3. Integration with State Councils: While the CNMR will be a national register, it relies on the cooperation of individual state medical councils. The integration process needs to be seamless and coordinated across all states and union territories. 4. Technological Challenges: The implementation of an online system will require robust infrastructure, especially in rural and remote areas, where internet connectivity may be limited. Conclusion: The Common National Medical Register (CNMR) represents a major step forward in modernizing the regulation of medical practitioners in India. It aims to improve transparency, streamline the registration process, and enhance the quality of healthcare services across the country. By creating a unified, accessible, and reliable platform for verifying doctors’ credentials, the NMC hopes to strengthen the healthcare system, protect patients, and improve medical practice standards nationwide.
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Panel “Creating the Ideal Single-Family Office (SFO) Platform for UHNW Families in the UAE” As Dubai cements its position as a global financial hub, more UHNW families are turning to the region to establish Single-Family Offices (SFOs). At the Hubbis Wealth Management Forum, we explored what it takes to build a modern SFO—covering governance, structuring, investment strategies, and the growing role of AI and technology. The key to success? Aligning SFO strategies with long-term family goals while leveraging Dubai’s evolving regulatory landscape and advanced wealth ecosystem. Chair: Dominic Volek, Henley & Partners.Panel Members: Frederic Sanz (Fiduc-IA Corp), Ismael Hajjar (PwC), Bryan Henning (Eton Solutions), Nirav Dinesh Kumar Shah (FAME Advisory DMCC) WATCH FULL VIDEO HERE : https://lnkd.in/dfdnKjH9 #WealthManagement #UHNW #SingleFamilyOffice #AIinFinance #DubaiFinance #InvestmentStrategy #Governance #WealthEcosystem #FamilyBusiness #FinancialHub
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Verifying your income is a critical step in the process of applying for Medicaid, yet applicants often struggle to document and prove their earnings. This can make income verification an unintentional gatekeeper preventing low-income Americans from accessing healthcare. New "user-permissioned" technologies have the potential to vastly improve the income verification process. Join our friends at LexisNexis, SteadyIQ, and Melissa Wolf, the Deputy Director of the Family Support Division for the state of Missouri, as they discuss the future of user-permissioned tech, income verification, and the changing world of work. See below for the registration link!
🚨 Don’t miss out on our webinar with LexisNexis Risk Solutions Government® happening this Thursday! 🚨 Industry leaders, including Melissa D Wolf, Family Support Division Deputy Director, State of Missouri, will address income verification challenges, emerging trends, and introduce innovative, people-focused technology designed to improve efficiencies and enhance the applicant experience. Speakers: • Melissa D Wolf, Family Support Division Deputy Director, State of Missouri • James Haberlen, Chief Commercial Officer, SteadyIQ • Lexi Gervis, Ph.D., VP, Government Affairs & Public Policy, SteadyIQ • Doug Tomlin, Executive, LexisNexis® Risk Solutions Channel Team Join us to explore how transforming income verification can greatly improve efficiency for means-tested public benefits programs like #SNAP and #Medicaid. Register now: https://lnkd.in/e9veRewd #GovTech #PublicSectorInnovation #IncomeVerification #SteadyIQ
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privacy vs confidentiality The difference between privacy and confidentiality in a hospital setting is as follows: **Privacy**: - Privacy refers to an individual's right to control the access others have to their personal information and physical space. - Patients have the right to privacy in their personal affairs, examinations, and treatment within the hospital. - This includes things like having private rooms, confidential conversations with healthcare providers, and control over who has access to their medical records. **Confidentiality**: - Confidentiality is the duty of healthcare providers to protect a patient's personal and medical information from unauthorized access or disclosure. - Healthcare providers have a legal and ethical obligation to keep a patient's information confidential, unless the patient authorizes its release or there is a legitimate need to share the information. - This includes details about the patient's condition, treatment plan, test results, and other sensitive information. https://lnkd.in/dddxKFv4
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⏰ Looking forward to tomorrow's 2pm EST webinar with Melissa D Wolf and LexisNexis Risk Solutions Government. If you're involved in #publicbenefits and want to learn how government agencies, like Missouri Department of Social Services are benefiting from a new approach to income verification💡, please join us! #incomeverification #humanservices #socialservices #collaboration #incomepassport
🚨 Don’t miss out on our webinar with LexisNexis Risk Solutions Government® happening this Thursday! 🚨 Industry leaders, including Melissa D Wolf, Family Support Division Deputy Director, State of Missouri, will address income verification challenges, emerging trends, and introduce innovative, people-focused technology designed to improve efficiencies and enhance the applicant experience. Speakers: • Melissa D Wolf, Family Support Division Deputy Director, State of Missouri • James Haberlen, Chief Commercial Officer, SteadyIQ • Lexi Gervis, Ph.D., VP, Government Affairs & Public Policy, SteadyIQ • Doug Tomlin, Executive, LexisNexis® Risk Solutions Channel Team Join us to explore how transforming income verification can greatly improve efficiency for means-tested public benefits programs like #SNAP and #Medicaid. Register now: https://lnkd.in/e9veRewd #GovTech #PublicSectorInnovation #IncomeVerification #SteadyIQ
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### How to improve the communication of data privacy information ### ‘I have read and agree to the Terms’ is one of the biggest lies on the internet and in the realm of digital products. Due to their daunting length and the use of legal jargon, privacy policies are generally incomprehensible and often go unread by users. Ironically, many people have concerns regarding the data privacy and security of electronic health records (EHRs), which are actually the safest digital system in Germany (yes, even safer than online banking!). Obviously, there is significant room for improvement in how the German EHR’s security standards are communicated 😉 Our study (N=117), which I conducted with Marvin Kopka, Jana Appel, and Markus Feufel, explores how the integration of Privacy Fact Sheets (clear and understandable communication of privacy and data security information) could transform user interaction with the EHR. By simplifying the communication of privacy and security standards, we can significantly increase the likelihood of users uploading sensitive health data into the EHR. Our results have shown that longer, more detailed Privacy Fact Sheets effectively reduce privacy concerns and enhance user engagement, which is vital for a politically sensitive digital platform like the EHR. These are really great results, showing that transparent communication can alleviate privacy concerns, which is especially important for a politically charged digital platform like the EHR. The implications of our study suggest that Privacy Fact Sheets could play a pivotal role in supporting the German healthcare system's digital transformation. I am thrilled to present our findings at The European Conference on Information Systems (ECIS) 2024 in Paphos, Cyprus, this June. Join us to dive deeper into how transparency features can elevate the effectiveness of electronic health records. Looking forward to seeing familiar faces and engaging in enriching discussions! For those interested, here's the link to our full paper in the conference proceedings (https://lnkd.in/eZZEa8Pk) or at researchgate (https://lnkd.in/eMqjxXZd) #ECIS2024 #EHR #DigitalHealth #DataPrivacy #HealthcareInnovation
Unlocking the potential of the electronic health record - the influence of transparency features
aisel.aisnet.org
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In a recent interview, Emilio B. Aquino, Chairperson of the Securities and Exchange Commission Philippines (SEC), shares his journey in implementing #digital initiatives that increase transparency and streamline processes.✨ His efforts earned him GovInsider Festival of Innovation's Dare to Do award and Digital Government Award for the SEC. Discover how his commitment to #innovation and public service is setting new standards for other agencies nationwide. Read the story here: https://buff.ly/3Lc7Q6B #DigitalTransformation #GovProfiles
Exclusive: The non-technical digital transformation champion from the Philippines
govinsider.asia
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