Healthcare Cyberattacks Likely to Triple in 2021

December 4, 2020Articles

According to Black Book Research, data-rich patient files, lack of cybersecurity protocols, and outdated IT systems have influenced increased cyber threats against organizations in the healthcare and public health sectors. Black Book Market Research LLC surveyed 2,464 security professionals from 705 provider organizations for deficiencies, vulnerabilities, and gaps in cybersecurity plans for its November State … Read More

HWCF Board of Trustees Approves 2020 Dividend

October 23, 2020News

The Healthcare Workers’ Compensation Self Insurance Fund (HWCF) Board of Trustees has approved a $2,000,000 Dividend this year. This Dividend will be distributed as a credit toward eligible Members’ 2021 contributions owed!  Membership has its perks, and this is just one of them! If you would like to learn more about the benefits of being an HWCF … Read More

How to View Risk As A Source of Revenue

October 21, 2020Articles

“There is a general misconception as to what risk is and what it isn’t. People think it’s a bad thing, but it’s really just the difference in the actual outcome from the expected outcome, either positive or negative.” Brandon Driscoll, Chief Business Officer at Inspirien, takes a very practical standpoint on risk.  The question then … Read More

How to Connect Risk Management to Risk Financing

September 23, 2020Articles

To be a savvy navigator of a risk financing program, there are two equal-and-opposite levers to understand: managing and financing risk. The goal is to always keep these two levers in balance, pushing or pulling to achieve optimal conditions. They are typically managed by a team of clinical staff and C-suite executives who act in … Read More