Technology and Cyber Risk Management Considerations for Your Healthcare Business

As someone responsible for oversight of a healthcare facility or other business, you understand that the essential services you provide come with operational risks. After all, you’re responsible for making sure patients or clients receive appropriate health care. Your company is also privy to sensitive health, medical and financial information. Technology has provided significant advantages to not only the way you conduct business, but also the way you provide care for your patients. These advances in technology are not without risk exposures that are demanding of your consideration.

Exploring Technology in Healthcare

Technology can help healthcare operations run smoother and more efficiently in the day-to-day operations; however, it’s important to take note of potential disadvantages of technology in healthcare:

  • Confusion or intimidation to workers and patients
  • Specialized training
  • Privacy concerns
  • Identity theft
  • Cybersecurity, including breaches and loss of sensitive data

It’s important to take a look at the whole picture when it comes to implementing new technologies into your facilities.

Protecting Your Business and Patients

The benefits of technology in healthcare can outweigh the risks when you have a management plan in place. This includes purchasing insurance coverages that are tailored to the specific needs of your operations. Look for an insurance provider with demonstrable knowledge and experience in helping manage healthcare business risks.