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January 2023

Censinet Newsletter January 2023

Taking the Risk Out of Healthcare

Happy New Year! We hope you had a wonderful holiday season and are excited to kick off the new year with us. We have a lot of exciting updates to share with you.

We are thrilled to announce the company successfully closed a new round of funding, led by MemorialCare Innovation Fund, with other leading health system investors Rex Health Ventures and Ballad Ventures, to accelerate adoption of Censinet RiskOpsTM and transform third party risk management across healthcare.

We announced we have entered into a new partnership with The Healthcare Association of New York State (HANYS) to bring Censinet RiskOpsTM to HANYS member organizations through the HANYS Marketplace. In addition to this partnership, we’re delighted to offer a new webinar on Jan 24th based on the most recent Ponemon Institute research report on ransomware and its impact on patient safety. Register here now!

This year, we will also be exhibiting at the VIVE 2023 Conference in Nashville from March 26-29 and the HIMSS 2023 Conference in Chicago from April 17-21. Contact us at info@censinet.com if you are interested in meeting with us.

Lastly, we are excited to welcome our new Chief Revenue Officer Sean Lara to the team. Sean brings 25 years of healthcare experience to our organization and will help expand our footprint to solve the most urgent cybersecurity challenges faced by our customers.

Overall, 2022 was a fantastic year for us, and we have no doubt that 2023 will be just as exciting.

“With hospitals and health systems facing narrowing margins and an acute talent shortage, Censinet has cracked the code on cyber risk management, delivering an affordable, fully automated solution that rapidly force-multiplies productivity and successfully brings providers, payers, and vendors together on a collaborative risk exchange to share cyber risk data.”​​​​​​

Caleb Winder, Managing Director, MemorialCare Innovation Fund

Censinet and Hanys Marketplace promotional artwork

HANYS Marketplace Partners with Censinet to Transform Cyber Risk Management and Protect Patient Safety and Care Delivery

This partnership will bring Censinet RiskOpsTM to HANYS member organizations to transform cyber risk management with a fully automated solution for third-party and enterprise risk management. Read More

Censinet $9 million in new funding promotional artwork

Censinet Secures $9M in New Funding to Accelerate Third Party Risk Management in Healthcare

Funding led by MemorialCare Innovation Fund including Rex Health Ventures and Ballad Ventures, bringing the Company’s total funding to more than $22 million. Existing investors LRVHealth, HLM Venture Partners, Schooner Capital, Excelerate Health Ventures, and Cedars Sinai, participated in the round as well. Read More

Censinet and Ponemon Institute promotional artwork

New Ponemon Report Shows Ransomware Continues to Impact Patient Safety, Per Survey of Hospital IT/Security Leaders

This 2023 report provides an update to the industry’s first study on the impact of ransomware on patient safety, titled The Impact of Ransomware on Healthcare During COVID-19 and Beyond, published in September 2021 was the first to demonstrate a qualitative correlation between ransomware and adverse impacts to patient care, including increased mortality rates. In this updated report, over half of respondents indicated that one or more ransomware attacks experienced by their organization resulted in a disruption to patient care. Read More

“The company’s two-sided network approach for third-party risk assessment is invaluable – to our information technology teams and team members throughout the health system, to our third-party vendors and, most importantly, to the patients and community we serve. The collaboration, automation and risk mitigation made possible through Censinet are tremendous, and we’re excited to work with this platform going forward to bolster our internal efficiencies, lessen threats and, ultimately, create a safer, more conducive environment for our patients.”

Pam Austin, Chief Information Officer for Ballad Health & Senior IT Advisor for Ballad Ventures

Thanks for your continued support and Happy New Year.

Sincerely,
The Censinet Team

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