“business news

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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Swedbank Q1 Profits Beats Expectations on Better Deposit Margins

STOCKHOLM (Reuters) -Swedish bank Swedbank reported first-quarter net profit above market expectations on Thursday and said higher deposit margins had boosted results, although credit impairments also rose.

The rivals of Handelsbanken, SEB and Nordea said net profit totaled 7.56 billion Swedish crowns ($733.24 million) versus a year-ago 4.48 billion, topping a mean forecast of 6.62 billion, according to analyst estimates provided by the company.

CEO Jens Henriksson said Swedbank had a strong start to the year.

“The driving factor was higher net interest income, which strengthened thanks to higher deposit margins,” he told a news conference.

Higher interest rates have

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What is Probate?

What is Probate?

Probate is a court process that your estate will go through after you pass away. The probate court will distribute your estate and make decisions regarding your estate.

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Many of our clients come to us without an understanding of probate or having had a bad experience with the probate court and wanting to keep their estate out of probate.

If you die without a written estate plan, your estate must …

Healthcare Encryption Exceptions? – Rickard & Associates

We know that all emails and text messages that contain protected health information (PHI) should be encrypted.

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Are there any exceptions to the encryption rule?

Just one.

Patients can communicate with covered entities using unencrypted email and text messages, if the patients have been informed of the increased risk.

Patients can opt to have reminders sent via text messages or emails.

One issue that many healthcare providers have regarding encryption,

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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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How Do I Escape My Non-Compete Clause?

In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment.

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The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment.

Sometimes, non-compete clauses are unavoidable. So what can you do in that

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Biden to launch 15M barrels from oil reserve, extra attainable – Enterprise Information

President Joe Biden will announce the discharge of 15 million barrels of oil from the US strategic reserve Wednesday as a part of a response to latest manufacturing cuts introduced by OPEC+ nations, and he’ll say extra oil gross sales are attainable this winter, as his administration rushes to be seen as pulling out all of the stops forward of subsequent month’s midterm elections.

Biden will ship remarks Wednesday to announce the drawdown

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Property Planning: What’s a Fiduciary?

A fiduciary is an individual that should act in your greatest pursuits, throughout the realm of property planning.

In property planning, the folks that you simply appoint to behave as your trustees must act as your fiduciaries. The fiduciary relationship requires that particular person to carry out in your greatest curiosity.

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Whenever you resolve to plan in your future and create your property plan, you’ll appoint

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