Medical identity theft is becoming a growing concern, with victims having to pay over $13,500 to resolve the crime. Additionally, about 50% of consumers would switch healthcare providers if they were worried about the security of their medical records. Medical identity theft has reputational impacts for both consumers and providers, with a 22% increase in cases from the previous year. Healthcare organizations are taking steps to address this issue, such as removing Social Security numbers as patient identifiers and investing in technologies for accurate reconciliation.
Startup OMass Secures $310M to Advance Drug for Rare Endocrine Disorder
OMass’s molecule is vying to become an alternative to a Neurocrine Biosciences drug that is currently the only FDA-approved therapy for congenital adrenal hyperplasia. But
