Many pharmaceutical companies have been around for decades and have to adapt to the ever-evolving, technologically driven world. However, even for pharma companies that have stayed up with technology trends, many still store their data and information in data silos and disparate systems.

Artificial Intelligence (AI) is revolutionizing the way healthcare is delivered today. The industry’s data-driven evidential approach to medicine combined with AI is set to transform both the practice of medicine and how the treatment is delivered. AI is already being used to reinvent how people manage their health and access care, automate care delivery plans, and help with tedious tasks.

Gaps in patient healthcare, ranging from access and affordability, to those specific to race, gender, age and beyond, are widening across the US and leading to a variety of detrimental results for people, the healthcare system, and the economy itself. Such ongoing disparities are slowing the country’s ability to achieve population health and accounting for billions of dollars in unnecessary health care spending annually.

According to Cynerio’s 2022 State of Healthcare IoT Device Security Report, 53% of internet-connected medical devices analyzed had a known vulnerability, while one-third of bedside devices had a critical risk. (Cynerio observed over 10 million medical devices at over 300 hospitals and medical facilities across the world). As per the findings, more than half of health enterprise-connected medical devices pose security risks due to critical flaws that could jeopardize patient care.

The healthcare industry is beginning to digitally transform with its adoption of continuously advancing technologies. Healthcare organizations are moving toward a more connected and collaborative healthcare ecosystem for improving the way they provide care. Any data-driven organization knows the importance of high-quality data pipelines in data science. The large amounts of heterogeneous healthcare data, call for healthcare organizations to adopt data-driven approaches to automate medical workflows.

Growing concerns surrounding medical device security are increasing across the globe. In the U.S., new legislation is being introduced due to the increasing number of connected devices and a cyberattack’s ability to disrupt patient care. On June 8, 2022, the U.S. House of Representatives passed bill, H.R. 7667, which in addition to several other items, is meant to address the cybersecurity of medical devices.

Are you using any software that is related to an individual’s information? Anything that deals with patient data? Any applications or tools that deal with the data of a person or a group of people? If your answer is yes, then this question is for you. How compliant is your company’s software with HIPAA while dealing with all those details?