Third-party Risk Management

Why diversifying clearinghouse, banking partners is crucial

April 25, 2024 - Clearinghouses and banks are crucial in supporting hospitals’ financial health, enabling providers to focus on delivering high-quality patient care. However, a recent cyberattack that shut down one of the largest clearinghouses in healthcare has caused many hospital leaders to wonder how to balance this reliance on key vendors with the risk of partnering with third-party...


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