4 criteria for scaling HICP to small organizations

1. The solution needs to have a strategic and modular design

2. The solution needs to be affordable

  • One study provides a data point where the gross revenue per FTE physician per year is $542,190 [2]
  • FS-ISAC provides another data point in a 2020 survey, where it says as an aggregated total across sectors, cybersecurity spending is at 0.5% of revenue [3].
  • MGMA’s 2020 data about 3.04 support staff per FTE physician [4]

3. The solution needs to be reliable

4. The solution needs to have healthy competition and a robust ecosystem

Summary

  • Strategic and modular design
  • Affordable
  • Reliable
  • and have healthy competition and a robust ecosystem
[1] https://www.statista.com/statistics/415971/size-of-medical-practices-in-the-us/[2] https://doi.org/10.1377/hlthaff.2020.00794[3] https://www2.deloitte.com/us/en/insights/industry/financial-services/cybersecurity-maturity-financial-institutions-cyber-risk.html[4] https://www.mgma.com/data/data-stories/medical-practices-look-to-clinical-support-staff-t[5] https://www.amazon.com/dp/B000FCKC3I/

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I help healthcare leaders designing digital health & cybersecurity solutions

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Aldo Febro

Aldo Febro

I help healthcare leaders designing digital health & cybersecurity solutions

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