Becker's Hospital Review

42 CIO / HEALTH IT Rennova cancels deal to create telehealth company By Jackie Drees R ennova Health terminated discussions with TPT Global Tech March 5 to merge Rennova's software and genetic testing divisions and form a company that would provide telehealth services. The West Palm Beach, Fla.-based healthcare services provider, which also owns and operates rural hospitals, had been working with TPT Global Tech since last June to merge their companies into InnovaQor, which would have been a telehealth platform that combines telemedicine with EHR capabilities. Rennova and TPT Global Tech on Jan. 7 said they completed an agreement to create the telehealth company but ultimately could not reach final terms on numerous closing items, according to the March 8 news release. Both organizations will continue independently with their own business plans; Rennova is immediately pursuing other options, including filing with the SEC to complete the separation of its soft- ware division, as planned, to its shareholders. The company still plans to develop a telehealth platform for providers and patients. n 10 types of cyberattacks to know and avoid By Hannah Mitchell H ospitals are increasingly becoming victims of cyberattacks as the workforce sees major changes amid the pandemic. Here are 10 cyberattack terms to know and watch out for to avoid data breaches: 1. Business email compromise (BEC): Cyber- criminals send an email pretending to be a well- known source like a manager or vendor, according to the FBI. They often ask victims to purchase gift cards and send them the numbers on the card or change the direct deposit routing number to a different account. 2. Password spray attack: Adversaries acquire a large list of accounts and try many common pass- words until they get a hit, according to Microsoft. 3. Brute force attack: Cybercriminals conduct re- search to go after one user, stalking social media and personal information, according to Microsoft. They try variants of this information until they are able to guess the password. 4. Pharming: Users can correctly type in a web address, according to AARP, but will be routed to an identical website with the goal of gathering per- sonal information. 5. Keystroke logger: A keystroke logger is a pro- gram that tracks sequences in keys touched on a keyboard to capture passwords, according to AARP. 6. Trojans: Trojans are harmful software that come attached to useful programs and hides in those programs, according to AARP. This software forms a backdoor for cybercriminals but they don't self-replicate like other viruses. 7. Malware: Malware is short for malicious soft- ware, according to the FBI. It describes software intended to damage a computer system through malicious code to perform unauthorized functions to compromise operations in a system. 8. Ransomware: Ransomware is a type of malware that limits or prevents a user's access to their system until a ransom or fee is paid, according to AARP. 9. Phishing: Phishing is when cybercriminals send a large number of authentic-looking emails — like a bank or government agency — to trick users into sending personal information, according to AARP. 10. Spear phishing: This tactic is similar to phishing, but hackers target an individual user to get information using authentic-looking emails, according to the FBI. n Doctor on Demand, Grand Rounds merge to form multibillion-dollar virtual care company By Jackie Drees T elehealth provider Doctor on Demand and clinical navigation platform Grand Rounds are merging to create an integrated, multibillion-dollar virtual care company. e company will combine Grand Rounds' data-driven clinical navigation platform, which helps patients find the right care and expertise for specif- ic conditions, with Doctor on Demand's virtual care offering, according to a March 16 news release. Both Doctor on Demand and Grand Rounds will continue to operate under their existing brands for the time being, and Grand Rounds CEO Owen Tripp will serve as CEO of the new expanded virtual care business. Both companies will continue to operate under their existing brands for the time being. e transaction is expected to close in the first half of 2021. Grand Rounds was valued at $1.34 billion in a financing round in mid-2020, while Doctor on De- mand was valued at about $820 million, according to SharePost, CNBC reported. No new valuation has been established in the merger since it's an all-stock combination without new capital from outside investors, but the companies claim to have hundreds of millions of dollars in combined annual revenue, according to CNBC. n

• Cover