business news report

Can Your Practice Afford a Data Breach?

Probably not.

A recent study found that the total average cost of a healthcare breach is $10.10 million.

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Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

  1. Repeat attacks. Many healthcare entities have
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Physician Contracting 101 – Rickard & Associates

Physician contracts are often complicated and have unique terms. We help our clients understand the terms and negotiate their contracts.

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Many of our clients are physicians who are negotiating or renegotiating their employment contracts with their employers. Sometimes these are with health systems, hospitals, or small physician offices.

We also have clients come to us with issues after they negotiated their own contracts.

Physician contracts are unique, as they have

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What is the Cost of a Data Breach?

A recent study found that the total average cost of a healthcare breach is $10.10 million. Can your healthcare practice afford a breach?

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

  1. Repeat attacks
…

Do I Need an Emergency List?

We frequently have questions related to the practical and financial panic after a death in the family when accounts, passwords, and assets are unknown. Sometimes, a family knows an estate plan was done but they cannot find the plan and don’t even know the law firm that drafted the plan. An emergency list can help to avoid these issues.

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We often see people lose their spouse, and have no idea

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Breaking: New Self-Disclosure Policy – Rickard & Associates

The Department of Justice (“DOJ”) announced a new Voluntary Self-Disclosure Policy to be used by US Attorney Offices throughout the country.

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The new policy helps to encourage early and voluntary self-disclosure of corporate criminal misconduct. It reinforces the importance of having an effective compliance plan that identifies misconduct.

To be a voluntary self-disclosure, the disclosure must be voluntary, timely and must contain all relevant facts of misconduct.

If the

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US Industrial Production Unexpectedly Unchanged In February

A report released by the Federal Reserve on Friday showed US industrial production was unexpectedly unchanged in the month of February.

The Fed said industrial production was unchanged in February following a revised 0.3 percent increase in January.

Economists had expected industrial production to rise by 0.2 percent compared to the unchanged reading originally reported for the previous month.

Industrial production came unchanged as a 0.1 percent uptick in manufacturing output and a 0.5 percent advance in utilities output were offset by a 0.6 percent drop in mining output.

Oren Klachkin, Lead US Economist at Oxford Economics, predicted industrial production

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3 Things You Should Know About Irrevocable Trusts

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death.

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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone.

A second thing that you should know about irrevocable trusts is that they have significant advantages, and

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Competitors Bureau has ‘considerations’ with WestJet’s plan to take over Sunwing

The federal Competitors Bureau has raised important considerations about WestJet Airways Ltd.’s proposed acquisition of Sunwing Holidays and Sunwing Airways, saying the deal will doubtless end in greater costs and decreased service for Canadians.

In a report delivered to Canada’s transport minister on Wednesday, the regulator mentioned eliminating the rivalry between the 2 corporations is more likely to end in a considerable lessening or prevention of competitors within the sale of trip packages to Canadians.

“The proposed transaction will end in certainly one of Canada’s largest built-in tour operators being acquired by certainly one of its major rivals within the

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