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Is Schrodinger Inc (SDGR) Stock at the Top of the Health Information Services Industry?

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Tuesday, February 14, 2023 03:58 PM | InvestorsObserver Analysts

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Is Schrodinger Inc (SDGR) Stock at the Top of the Health Information Services Industry?

Schrodinger Inc (SDGR) is around the top of the Health Information Services industry according to InvestorsObserver. SDGR received an overall rating of 54, which means that it scores higher than 54 percent of all stocks. Schrodinger Inc also achieved a score of 79 in the Health Information Services industry, putting it above 79 percent of Health Information Services stocks. Health Information Services is ranked 107 out of the 148 industries.

Overall Score - 54
SDGR has an Overall Score of 54. Find out what this means to you and get the rest of the rankings on SDGR!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What’s Happening With Schrodinger Inc Stock Today?

Schrodinger Inc (SDGR) stock is trading at $24.17 as of 3:58 PM on Tuesday, Feb 14, an increase of $1.25, or 5.45% from the previous closing price of $22.92. The stock has traded between $22.31 and $24.37 so far today. Volume today is light. So far 366,913 shares have traded compared to average volume of 605,340 shares.

Health information and updates following the impacts of Cyclone Gabrielle

Hawke’s Bay has been significantly affected by Cyclone Gabrielle and a national state of emergency has been declared

Following flooding, power outages and travel impacts as a result of Cyclone Gabrielle, the following services are cancelled for Thursday 16 and Friday 17 February:

  • Elective surgeries
  • Endoscopy services
  • Outpatient appointments in Napier, Hastings, Wairoa and Central Hawke’s Bay.

Affected patients are being contacted and offered a telehealth appointment if appropriate or rebooked as soon as possible.

Three acute theatres are operating at Hawke’s Bay Hospital in Hastings. Any emergency caesarean sections or urgent cancer procedures will take place in these. Urgent Radiology procedures are continuing at Hawke’s Bay Hospital.

Te Whatu Ora acknowledges whānau will be concerned about the whereabouts of loved ones who may have been impacted by flooding, but asks people do not come into the Hawke’s Bay Emergency Department unless seeking urgent medical care.

If you are going to run out of medication in the next two days, pharmacies can dispense a small emergency supply without a prescription. If possible, this should be from your normal pharmacy. Please don’t go to the Emergency Department for your medication.

Urgent clinics open

City Medical at Napier Health Centre is open (24-hours)

Urgent care clinic at Hastings Health Centre (until 7pm tonight)

General practices

Power outages have caused communication barriers, but below are the general practices we’ve been able to reach and confirm are open. (Note: some general practices are operating in constrained environments, and are offering variable hours and services.)

Napier:

Maraenui Medical Centre (10-12pm)

Taradale Medical Centre (9am-midday)

Greendale Medical Centre

Carlyle Medical Centre (limited hours)

Hastings:

Medical and Injury in Hastings is also open

The Doctors Hastings

Totara Hastings

Totara Flaxmere

The Doctors Gascoigne

Hauora Heretaunga

Rural:

Tukituki Medical Centre

The Doctors Waipawa

Patients who need further care

MyHealth enrolment surpasses 200,000 | Island Overall health

A lot more than 200,000 individuals in the Island Health area are encountering the rewards of having quick, easy entry to their individual overall health information and information and facts as a result of the MyHealth client portal. 
When Shirley Christensen returned residence from Saanich Peninsula Hospital (SPH) adhering to treatment for double pneumonia, she was equipped to review some of her private wellness data on her MyHealth affected individual portal account. 

Christensen, 68, is a single of 217,000 residents in the Island Well being region now enrolled in MyHealth. MyHealth permitted her to see final results for X-rays, CT scans and bloodwork purchased although receiving treatment from numerous employees and hospitalists. Her curiosity in studying far more about her hospital visit was piqued by the simple fact she did not present with any of the usual indicators for pneumonia or for the urinary tract an infection she was also identified with throughout her keep at SPH.

“It was pleasant to arrive household and be able to check out it all out and see in which I was at,” Christensen reported. 
A prolonged-time Victoria resident retired from a 26-year occupation with the BC Cancer Company, Christensen was already employing MyHealth following signing up for the system on the assistance of staff members at the SPH Lab, exactly where she receives common bloodwork performed. She checks outcomes from repeated assessments linked to her heart wellness ahead of reviewing them with her relatives health practitioner, as well as benefits pursuing mammograms.

Close to a quarter of eligible citizens in the Island Health and fitness location have now signed up for MyHealth, a safe on the web web-site released in 2019 to offer sufferers and households practical, 24/7 obtain to personalized well being info on treatment and services delivered to them by Island

OCR Cracks Down on Digital Guarded Wellbeing Facts Breaches under HIPAA | Holland & Hart LLP

The U.S. Division of Well being and Human Providers Office environment for Civil Legal rights (“OCR”) entered into a Resolution Agreement (“Agreement”) with Banner Wellbeing on behalf of Banner Health Affiliated Protected Entities (“Banner”)1 to solution a facts breach prompted by a lousy actor (“Hacker”). The breach affected close to 2.81 million patients’ digital guarded health facts (“ePHI”)2. Banner learned and noted the breach in 2016, which induced OCR to examine Banner’s compliance with the Health and fitness Coverage Portability and Accountability Act (“HIPAA”). OCR’s investigation unveiled evidence of Banner’s extensive-expression noncompliance with HIPAA’s Security Rule beneath 45 C.F.R. Component 160 and Subparts A and C of 45 C.F.R. Element 164 (“Security Rule”). For illustration, OCR thought Banner potentially violated the following provisions underneath HIPAA:

  • The requirement to perform an exact and extensive chance evaluation of the probable challenges and vulnerabilities to the confidentiality, integrity, and availability of all ePHI held by Banner. See 45 C.F.R. § 164.308(a)(1)(ii)(A).
  • The need to carry out ample strategies to on a regular basis evaluation information of details system action. See 45 C.F.R. § 164.308(a)(1)(ii)(D).
  • The prerequisite to carry out processes to validate that a person or entity trying to get entry to ePHI is the one particular claimed. See 45 C.F.R. § 164.3012(d).
  • The necessity to carry out complex stability steps to guard from unauthorized obtain to ePHI that is currently being transmitted more than an digital communications community. See 45 C.F.R. § 164.312(e)(1).

To treatment this, Banner paid $1,250,000.00 to OCR and agreed to put into action a corrective motion program (“CAP”) that OCR will watch for two several years. Under the CAP, Banner agreed to get the next steps to ensure compliance with the Protection Rule:

  • Carry out an exact and complete risk examination to determine threats and

Consumer Health Information and Increased Scrutiny: FTC Brings First Action Under Health Breach Notification Rule

The Federal Trade Commission (“FTC”) has brought its first enforcement action for violations of the Health Breach Notification Rule (“HBNR”), signaling heightened federal agency scrutiny of digital health platforms, advertising relationships, and uses and disclosures of health information.

On February 1, 2023, the FTC brought an enforcement action against GoodRx, a digital health company, for alleged violations of the FTC Act and the HBNR, resulting in a reported $1.5 million civil penalty and injunctive relief. As the FTC’s first enforcement action under the HBNR, this illustrates an increased willingness of the FTC to penalize certain disclosures of health information outside of the HIPAA context.

The FTC claimed in its complaint that, although GoodRx is not subject to HIPAA, the company is a “vendor of personal health records” subject to the HBNR. The FTC alleged that GoodRx:

  • Improperly shared consumer health information with advertisers without consumer notice and consent and failed to notify consumers, the FTC, and media of such unauthorized disclosures;
  • Inappropriately utilized tracking technologies for targeted advertising;
  • Failed to limit third-parties’ use of consumers’ health information; and
  • Failed to implement formal policies protecting consumer health information.

The FTC and GoodRx stipulated to a joint proposed order requiring GoodRx to pay $1.5 million to the FTC and implement remedies regarding its data privacy practices, including:

  • Complying with HBNR notification requirements;
  • Permanently banning the disclosure of health information for most advertising purposes or requiring express consumer consent; and
  • Directing its third-party advertisers to delete all health information received.

Federal agencies increasingly are scrutinizing HIPAA and non-HIPAA covered entities for violations relating to health information. This action follows the FTC’s recent statement emphasizing that developers of digital health apps, connected devices, and other health products have obligations under the HBNR and signaling upcoming enforcement. It also follows the Office of Civil

Privacy commissioner phone calls for alterations at N.S. Health and fitness after personnel identified snooping

The province’s information and privacy commissioner is calling on Nova Scotia Health to enhance its privateness practices after investigating intentional breaches by some of its workforce.

In a report introduced on Wednesday, Tricia Ralph said steps are needed to reduce personnel from accessing the particular data of clients for non-remedy functions.

Ralph commenced investigating a collection of privacy breaches in August 2020, immediately after the overall health authority voluntarily noted that it experienced caught eight personnel snooping in the electronic wellness data of persons affiliated with the gatherings of the April 2020 shooting rampage in the province.

Nova Scotia Health and fitness investigated the 8 personnel and discovered that some had snooped into lots of patients’ documents over a range of yrs, in accordance to a news launch issued Wednesday by the Place of work of the Details and Privacy Commissioner.

“They seemed up pals, colleagues, and acquaintances when they ended up not furnishing care to these people today,” the release reported.

The Nova Scotia Wellness investigation wound up uncovering more than 1,200 privateness breaches impacting 270 individuals, the privacy commissioner’s report noted. 

Will need for ‘robust policies’

Ralph explained in her report that many steps taken by the overall health authority were fair. It started to proactively monitor worker entry to digital health info methods in April 2020, for example, which led to the discovery of more privacy breaches.

Having said that, she also decided that there were being shortcomings. She noted that some of the overall health authority’s insurance policies and protocols similar to privacy are outdated, unclear, and in several instances are not being followed.

Portrait of Tricia Ralph, Nova Scotia's information and privacy commissioner
Tricia Ralph, Nova Scotia’s facts and privateness commissioner, says privateness procedures should really be embedded in the tradition of Nova Scotia Wellness. (Business office of the Information and Privacy Commissioner)

“Sturdy procedures,

HHS Office environment for Civil Rights Settles HIPAA Investigation with Arizona Hospital Procedure Subsequent Cybersecurity Hacking

Banner Health and fitness pays $1.25 million to settle cybersecurity breach that influenced practically 3 million persons

Today, the U.S. Section of Health and fitness and Human Services’ Workplace for Civil Rights (OCR) announced a settlement with Banner Wellbeing Affiliated Coated Entities (“Banner Health”), a nonprofit wellbeing process headquartered in Phoenix, Arizona, to take care of a knowledge breach resulting from a hacking incident by a danger actor in 2016 which disclosed the secured health information and facts of 2.81 million buyers.  The settlement is about the Wellness Insurance coverage Portability and Accountability Act (HIPAA) Protection Rule which will work to support defend wellbeing details and info from cybersecurity attacks.  The potential violations particularly incorporate: the lack of an examination to ascertain pitfalls and vulnerabilities to digital secured wellbeing facts across the corporation, inadequate monitoring of its health details systems’ exercise to defend in opposition to a cyber-assault, failure to put into action an authentication approach to safeguard its electronic secured overall health info, and failure to have protection steps in put to defend electronic protected health details from unauthorized accessibility when it was becoming transmitted electronically.  As a end result, Banner Health compensated $1,250,000 to OCR and agreed to put into practice a corrective action system, which identifies ways Banner Health will just take to resolve these opportunity violations of the HIPAA Protection Rule and shield the stability of electronic affected individual health information. 

“Hackers keep on to threaten the privacy and security of individual facts held by wellness care companies, which include our nation’s hospitals,” claimed OCR Director Melanie Fontes Rainer. “It is essential that hospitals and other coated entities and organization associates be vigilant in taking robust methods to defend their programs, knowledge, and information, and this commences with comprehending their hazards, and taking action to reduce,

Community health information exchange reduces ED visits, rehospitalization

February 02, 2023

3 min read

Disclosures:
Sloan-Aagard reports being a paid contractor doing research with PHIX. Please see the study for all other authors’ relevant financial disclosures.


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Primary care physicians who used a community health information exchange significantly improved their patients’ transition from hospitalization to outpatient care, according to findings published in Annals of Family Medicine.

Chantel Sloan-Aagard, PhD, an associate professor at Brigham Young University, and colleagues wrote that the United States health care system is “markedly fragmented” as patients move through various types of care.

PC0123SloanAagard_IG10_WEB
Data derived from: Sloan-Aagard C, et al. Ann Fam Med. 2023;doi:10.1370/afm.2903.

Sloan-Aagard told Healio that patients often undergo a variety of tests, imaging and treatment while in emergency hospital or inpatient care and receive instructions after discharge.

“Helping patients reconcile those medications with others they are taking, confirm that they understand and are following discharge instructions and continuing to update imaging and test results usually falls to their primary care physician,” Sloan-Aagard said. “If physicians are unaware of a recent hospital visit, what precluded it, and the results, it can hamper the quality of care they are able to give their patients going forward.”

Electronic health records were designed to enhance care coordination, but there are various issues that make it difficult to share information, according to the researchers. Health information exchanges (HIEs) were developed to address these gaps in data sharing by merging EHRs into a single database.

Sloan-Aagard

FTC Enforcement Action to Bar GoodRx from Sharing Consumers’ Sensitive Health Info for Advertising

The Federal Trade Commission has taken enforcement action for the first time under its Health Breach Notification Rule against the telehealth and prescription drug discount provider GoodRx Holdings Inc., for failing to notify consumers and others of its unauthorized disclosures of consumers’ personal health information to Facebook, Google, and other companies.

In a first-of-its-kind proposed order, filed by the Department of Justice on behalf of the FTC, GoodRx will be prohibited from sharing user health data with applicable third parties for advertising purposes, and has agreed to pay a $1.5 million civil penalty for violating the rule. The proposed order must be approved by the federal court to go into effect.

“Digital health companies and mobile apps should not cash in on consumers’ extremely sensitive and personally identifiable health information,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “The FTC is serving notice that it will use all of its legal authority to protect American consumers’ sensitive data from misuse and illegal exploitation.” 

California-based GoodRx operates a digital health platform that offers prescription drug discounts, telehealth visits, and other health services. The company collects personal and health information about its users, including information from users themselves and from pharmacy benefit managers confirming when a consumer purchases a medication using a GoodRx coupon. Since January 2017, more than 55 million consumers have visited or used GoodRx’s website or mobile apps. 

According to the FTC’s complaint, GoodRx violated the FTC Act by sharing sensitive personal health information for years with advertising companies and platforms—contrary to its privacy promises—and failed to report these unauthorized disclosures as required by the Health Breach Notification Rule. Specifically, the FTC said GoodRx:

  • Shared Personal Health Information with Facebook, Google, Criteo, and Others: Since at least 2017, GoodRx deceptively promised its users that it would
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