Digital Health 150: The Digital Health Startups Redefining The Healthcare Industry
The most promising 150 private digital health startups working to transform the healthcare industry with new models of primary care to emerging tech solutions for providers. Read more…
Healthcare Embracing New Era of Compliance and Analytics
BALTIMORE, Aug. 20, 2019 /PRNewswire/ — Healthcare compliance analytics company Protenus today announced a $17M investment from some of the country’s top healthcare technology investment firms, to keep up with growing customer demand and to continue partnering with health systems that aim to take a more innovative approach to maintain compliance. Founded in 2014, Protenus helps health systems leverage healthcare compliance analytics to demonstrate 100% compliance and proactively identify risk across the organization, such as inappropriate access to patient data and the theft and misuse of controlled substances by hospital staff.
Over 32 Million patient records were hacked from January 2019 to June 2019. That is over 2 times the 15 Million medical records hacked in all of last year, claims Protenus (healthcare analytics firm). As per the firm, the number of revealed incidents increased to 285 in the H1 of 2019, and the venerable trend of minimum one health data hack daily display no hints of slowing down.
The 2019 Mid-Year Breach Barometer Report by Protenus discovered that 60% of all hacks were owing to breaching, comprising the single biggest breach. In that situation, attackers aimed at a medical collections organization and got the data of almost 20 Million patients, comprising those who had used Quest Diagnostics and LabCorp. Their info was found on the dark web for sale.
CHICAGO, May 14, 2019 /PRNewswire/ — Protenus has been selected by Modern Healthcare as one of the 2019 Best Places to Work in Healthcare. The complete list of this year’s winners, in alphabetical order, is available here. Modern Healthcare will publish a special supplement featuring ranked lists of all the winners along with the Sept. 30, 2019, issue.
Protenus, aBaltimore data security company, has raised $13 million in new equity financing, according to documents filed with the U.S. Securities and Exchange Commission.
The funds were raised as part of a round that could reach up to $16 million total, according to the SEC filing. Nine investors participated.
Protenus declined to comment on why the funds are being raised.
The new round follows on a $11 million Series B raised by the firm last year. That round was co-led by Kaiser Permanente Ventures and F-Prime Capital Partners, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures.
When Lauren Lollini went to the hospital for kidney surgery in 2009, she was shocked when she left with hepatitis C and a liver infection.
“My life dramatically changed because now I am a 40-year-old woman with a 1-year-old daughter who is so fatigued I can’t work,” Lollini said.
Hospital technician Kristen Parker had infected Lollini and at least 18 others by stealing their pain medication and then leaving contaminated syringes for reuse. She’s now serving 30 years in jail.
“She was taking them off surgical trays, using them for herself, her own use, and then filling them with saline and putting them back on trays,” Lollini said. “I really was angry at the broken system. The hospital that hired her — unbeknownst to them that she had been let go from other jobs.”
A new report that will be released Tuesday by data firm Protenus finds that this so-called “opioid diversion” is a growing problem. In 2018, more than 47 million doses of legally prescribed opioids were stolen, an increase of 126 percent from the year before.
As health care providers store patients’ medical records digitally, some have left their files vulnerable to being exposed – and even sold on the black market, or the internet’s dark web. One victim of medical identity theft showed us just how much damage that could do.
BALTIMORE, Jan. 31, 2019 /PRNewswire/ — Protenus, the healthcare compliance analytics platform that protects patient privacy for the nation’s leading health systems, announces today that it has been ranked the leading provider in the patient privacy monitoring category of the 2019 Best in KLAS: Software & Services report.
BALTIMORE, Jan. 7, 2019 /PRNewswire/ — Protenus, a healthcare compliance analytics platform that protects patient privacy for the nation’s leading health systems announces a strategic partnership with RADAR, the award-winning provider of incident response management software, to help healthcare organizations reduce the risks associated with unauthorized disclosures of protected health information (PHI).