Categories: Health

Sen. Wyden Discusses Cybersecurity Risks and Prescription Drug Costs in Healthcare Industry: Protecting Patients and Access to Care

During a conversation with AHA members, Sen. Ron Wyden of Oregon expressed frustration with the cyberattack on Change Healthcare. He believes this breach jeopardized patients and their personal data. Wyden noted that the health care sector is a prime target for criminals and foreign adversaries like China and Russia. With middlemen companies controlling core functions in the health care system, they can dictate contract terms to health providers. This could result in providers being locked into contracts with these large companies, leading to systemic cybersecurity risks.

Sen. Wyden emphasized the importance of supporting rural hospitals to ensure access to care in those communities. He also discussed the need to crack down on pharmacy benefit managers and their actions that are contributing to the rising cost of prescription drugs. This highlights the complexity of the challenges facing the health care system and the importance of addressing them to protect patients and improve access to care.

Wyden believes that middlemen companies have become too powerful in the health care system, as they control core functions like billing and claims processing. This has led to a situation where these companies can dictate contract terms to health providers, which results in providers being locked into contracts with these large companies.

This has resulted in systemic cybersecurity risks as hackers often target middlemen companies due to their control over critical data systems within the healthcare industry.

Senator Wyden emphasized that it’s important for lawmakers to take action against pharmacy benefit managers (PBMs) who have been contributing significantly to rising prescription drug costs by charging exorbitant fees for their services.

He also highlighted how critical it is for lawmakers to support rural hospitals so that patients in these communities have access

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

Share
Published by
Samantha Reynolds

Recent Posts

Revolutionizing Retail: How William Xie is Making Shopping More Effortless with Assistive Robotics

William Xie is a Computer Science researcher working under the guidance of Advisor Nikolaus Correll…

40 seconds ago

Beyond Food Inflation: Assessing the Uneven Impact of COVID-19 on Housing Prices and Other Industries”.

Inflation caused by the COVID-19 pandemic has subsided, according to Alberto Cavallo from Harvard Business…

2 mins ago

From Mythical Phoenix to Regenerative Cities: Cho Ventures Takes on Jacksonville

The Phoenix, a mythical bird known for its ability to be reborn from its ashes,…

3 mins ago

Egyptian Authorities Reject Israel’s Proposal for Joint Management of Rafah Checkpoint

Egyptian authorities have rejected Israel's proposal for joint management of the Rafah checkpoint, which is…

4 mins ago

NetClass Technology Adjusts IPO Terms, Aims to Raise $9 Million with 1.8 Million Shares at $4-$6 Range

NetClass Technology, a company based in Shanghai, China that offers professional education software and services,…

5 mins ago

Data Breach Allegations against Continuum Health Alliance LLC: The Importance of Timely Responses in Protecting Patients’ Sensitive Information

In the US District Court for the District of New Jersey, Continuum Health Alliance LLC…

9 mins ago