1 00:00:00,119 --> 00:00:02,266 This is Naomi Diaz with the Becker Digital 2 00:00:02,266 --> 00:00:03,005 health podcast. 3 00:00:03,459 --> 00:00:05,607 Here's is your daily industry news briefing for 4 00:00:05,607 --> 00:00:06,720 today, July eighth. 5 00:00:07,516 --> 00:00:11,342 First, and, is helping drive Cio pay packages 6 00:00:11,342 --> 00:00:13,484 to new heights, the Wall Street Journal reported. 7 00:00:14,198 --> 00:00:14,698 Cio 8 00:00:15,229 --> 00:00:16,737 compensation is up 7.48 9 00:00:16,737 --> 00:00:19,211 per s at large enterprises and 9 percent 10 00:00:19,211 --> 00:00:22,464 at sized enterprises over the past year, According 11 00:00:22,464 --> 00:00:24,924 to data from consulting firm Gia c associate 12 00:00:24,924 --> 00:00:27,335 cited in the senate story, reflecting the desire 13 00:00:27,335 --> 00:00:29,175 for leaders with Ai expertise. 14 00:00:30,054 --> 00:00:33,174 Sean Hunt, Cio of construction company, Mackenzie told 15 00:00:33,174 --> 00:00:35,744 the newspaper quote, chat Gp called a lot 16 00:00:35,744 --> 00:00:39,107 of incumbent technology companies by surprise and no 17 00:00:39,323 --> 00:00:41,630 organization wants to be left behind. This increased 18 00:00:42,043 --> 00:00:44,509 Demand and limited supply of technology leaders is 19 00:00:44,509 --> 00:00:45,566 driving up conference 20 00:00:46,100 --> 00:00:48,327 compensation for these critical roles and, quote, 21 00:00:49,218 --> 00:00:52,650 Cios medium based pay increased over 220000 22 00:00:52,650 --> 00:00:56,241 dollars for large enterprises and near 210000 23 00:00:56,241 --> 00:00:59,308 dollars for mid size enterprises with new Cio 24 00:00:59,765 --> 00:01:02,418 compensation packages ranging from 1500000.0 25 00:01:02,477 --> 00:01:03,752 to 1800000.0 26 00:01:03,752 --> 00:01:05,905 at those enterprises according to the story, 27 00:01:06,715 --> 00:01:08,699 This jump in pay also comes in response 28 00:01:08,699 --> 00:01:11,104 to Cios gaining more leadership responsibility 29 00:01:11,556 --> 00:01:13,778 with 63 percent of the tech leaders now 30 00:01:13,778 --> 00:01:16,578 reporting directly to this Ceo according to data 31 00:01:16,578 --> 00:01:19,448 from management consultant Del cited by the journal. 32 00:01:20,644 --> 00:01:21,042 Second, 33 00:01:21,919 --> 00:01:24,326 Epic has the largest half School Ehr market 34 00:01:24,326 --> 00:01:26,399 share in the world after adding big contracts 35 00:01:26,399 --> 00:01:29,509 in Canada and Australia last year, according to 36 00:01:29,509 --> 00:01:30,009 class 37 00:01:30,546 --> 00:01:33,990 global Ehr market share 20 20, 20 24 38 00:01:33,990 --> 00:01:35,187 report released July eighth. 39 00:01:36,064 --> 00:01:38,775 In 20 23, Epic added 203 40 00:01:38,775 --> 00:01:41,407 hospitals and 24117 41 00:01:41,407 --> 00:01:42,774 beds outside of the Us. 42 00:01:43,725 --> 00:01:45,707 Australia drove much of the growth with the 43 00:01:45,707 --> 00:01:47,689 new South wales and a deal to install 44 00:01:47,848 --> 00:01:49,885 Epic at a hundred and 91 hospitals the 45 00:01:50,244 --> 00:01:53,038 replacing oracle health at many facilities according to 46 00:01:53,038 --> 00:01:53,597 the report. 47 00:01:54,635 --> 00:01:57,349 Meanwhile, Oracle Health added 66 new hospitals and 48 00:01:57,349 --> 00:01:59,026 9279 49 00:01:59,026 --> 00:02:02,074 new beds slash year. Medi tech added 43 50 00:02:02,074 --> 00:02:05,826 hospitals and 6 hundreds, 6686 51 00:02:05,826 --> 00:02:06,326 beds 52 00:02:06,704 --> 00:02:08,061 internationally according to the report. 53 00:02:09,193 --> 00:02:10,150 Outside of the Du, 54 00:02:10,708 --> 00:02:13,420 Delos Los is gaining ground on Epic, adding 55 00:02:13,420 --> 00:02:15,732 a hundred and 47 hospitals last year and 56 00:02:15,732 --> 00:02:17,805 31424 57 00:02:17,805 --> 00:02:19,808 beds all migrations are complete. 58 00:02:20,681 --> 00:02:22,747 Da signed a big deals in Italy and 59 00:02:22,906 --> 00:02:24,495 Latin America to drive growth. 60 00:02:25,130 --> 00:02:27,614 Once cost validated a hundred and 6 Ehr 61 00:02:27,614 --> 00:02:29,605 purchases across 734 62 00:02:29,605 --> 00:02:32,154 hospitals outside the Us last year, a 5 63 00:02:32,154 --> 00:02:33,667 year high to develop the report. 64 00:02:34,319 --> 00:02:37,109 Within the Us. Epic also dominates the acute 65 00:02:37,109 --> 00:02:39,581 care hospital market. The company added a hundred 66 00:02:39,581 --> 00:02:43,420 and 53 hospitals in 228788 67 00:02:43,420 --> 00:02:45,511 beds last year according to a May seventeenth 68 00:02:45,568 --> 00:02:48,430 class report with 77 of those hospitals switching 69 00:02:48,430 --> 00:02:50,737 from a different legacy Ehr system to Epic. 70 00:02:50,975 --> 00:02:53,861 Hundred Ep has a 39.1 71 00:02:53,861 --> 00:02:56,413 percent of the hospitals in the Us followed 72 00:02:56,413 --> 00:02:58,407 by Oracle Health was 23.4 73 00:02:58,407 --> 00:03:00,321 percent, and that attack with 16 percent. 74 00:03:01,767 --> 00:03:02,085 Third, 75 00:03:02,799 --> 00:03:05,339 health systems and industry trade groups are object 76 00:03:05,339 --> 00:03:08,776 to new cybersecurity reporting requirements proposed by the 77 00:03:08,832 --> 00:03:11,155 cybersecurity and infrastructure Security agency. 78 00:03:11,873 --> 00:03:14,026 The recommended rule under the cyber incident of 79 00:03:14,026 --> 00:03:15,004 reporting for critical 80 00:03:15,461 --> 00:03:18,092 infrastructure Act of 20 22 what among other 81 00:03:18,092 --> 00:03:20,905 things require Covered entities to report cyber attacks 82 00:03:20,905 --> 00:03:23,864 within 72 hours and ransom payments within 24 83 00:03:23,864 --> 00:03:24,264 hours. 84 00:03:24,824 --> 00:03:26,985 Their proposal, which is estimated to cost the 85 00:03:26,985 --> 00:03:28,264 industry 1400000000.0 86 00:03:28,264 --> 00:03:30,425 would exempt small and critical access hospitals. 87 00:03:32,090 --> 00:03:34,945 Ashley Thompson, Senior Vice President of Pulse public 88 00:03:34,945 --> 00:03:37,185 policy for the American Hospital, so Nation wrote 89 00:03:37,185 --> 00:03:39,584 in in July second public comment quote, the 90 00:03:39,664 --> 00:03:42,064 A recommends that says a revised the proposed 91 00:03:42,064 --> 00:03:42,965 rule to incentivize 92 00:03:43,344 --> 00:03:45,664 collaboration rather than threatened further punishment on hospitals 93 00:03:45,664 --> 00:03:47,756 and health Systems respond to a criminal attack, 94 00:03:48,075 --> 00:03:48,554 and, quote. 95 00:03:49,272 --> 00:03:51,427 Health systems that submitted public comments on the 96 00:03:51,427 --> 00:03:52,884 proposal will include Kaiser permanente, 97 00:03:53,421 --> 00:03:57,026 sutter health, ko health, fair health services, henry 98 00:03:57,026 --> 00:03:58,541 ford health to name a few. 99 00:03:59,658 --> 00:04:01,174 If you would like the latest health It 100 00:04:01,174 --> 00:04:03,168 and digital health industry news delivered to your 101 00:04:03,168 --> 00:04:03,965 inbox every morning, 102 00:04:04,620 --> 00:04:06,539 Subscribe to the Becker cio and health through 103 00:04:06,539 --> 00:04:08,620 health it review e newsletter through our website 104 00:04:08,620 --> 00:04:11,099 at w w dot becker hospital review dot 105 00:04:11,099 --> 00:04:11,259 com.