The bill, dubbed “The Health Care Cybersecurity Improvement Act,” could establish a motivation for funds to continue reaching providers in the event of future cyber incidents, contingent upon their compliance with basic cybersecurity criteria set by the HHS.
According to the news outlet, the proposed legislation aims to enhance the resilience of healthcare providers facing financial strains due to cyber incidents. It suggests adjustments to programs like the Medicare Hospital Accelerated Payment Program and the Medicare Part B Advance Payment Program to assist providers during such crises.
Additionally, the bill mandates that intermediaries targeted by cyberattacks must also adhere to minimum cybersecurity standards.
Implementation of the law is slated for two years after its enactment to allow stakeholders ample time for adjustment.
The bill was introduced March 22 by Senate Intelligence Committee Chair Mark Warner of Virginia.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
