Asimily Announces Partnership and Integration with HANDLE Global to Provide Cybersecurity and Threat Risk Insights for Healthcare Capital Cycle Management

By June 28, 2023 August 20th, 2023 News

Asimily, a leading Internet of Things (IoT) and Internet of Medical Things (IoMT) risk management platform, today announced an integration between Asimily and CCM® (Capital Cycle Management), the AI-driven software solution from HANDLE Global that optimizes the entire capital cycle from initial planning to the procurement, management, and disposition of equipment.

Healthcare systems have access to increasingly innovative new technologies that enable unprecedented connectivity between medical devices and capital equipment—directly affecting medical provider effectiveness and patient outcomes. But with this broader connectivity comes more entry points for potential attackers, and capital decision-makers depend on up-to-date cybersecurity threat information to properly prioritize asset replacement and manage asset requests. Yet many still lack a comprehensive strategy for incorporating medical device risk reduction into capital planning, which is increasingly concerning as cyber threats—and healthcare-industry data breaches that now average more than $10 million per incident—continue to rise. It is clear that hospitals must consider cyber risk when evaluating equipment purchases, maintenance, and device lifecycle management—including risk assessment, monitoring, and remediation.

The new integration of Asimily with CCM® provides a single platform where healthcare system supply chain, security, and IT teams gain a holistic and always-current view of their organization’s internet-connected assets. This equipment visibility enables healthcare organizations to determine which assets or manufacturers are at risk of cybersecurity issues, and to track the status of cyber-related warnings and recalls. Asimily uses AI-fueled analysis to prioritize exploitable vulnerabilities and prescribe targeted, clinically-viable remediations—and also identify when remediations are not possible and which assets may need to be replaced. This critical information is dispatched to CCM® to ensure that it is considered a key priority during the capital planning process and can empower a shift from reactive to proactive cybersecurity risk management. CCM® allows health systems to tailor priorities based on customizable risk thresholds for threats to cybersecurity, patient safety, product standardization, and other factors provided by Asimily’s IoMT risk remediation platform.

“As security threats against healthcare systems continue to escalate, understanding and prioritizing the current risk profile of each piece of connected equipment is critical for healthcare systems to avoid the kind of attacks that are costly to budgets and reputation,” said Peter Hancock, VP of Global Partnerships, Asimily. “We’re proud to partner with HANDLE Global, a leader in the healthcare capital equipment supply chain, and combine two very powerful technologies in Asimily and CCM®. This is a unique integration in the industry that we expect healthcare systems to find particularly valuable.”

“This integration with Asimily gives HANDLE’s CCM® customers the ability to understand cybersecurity risks and precisely measure utilization so they feel confident that they are making well-informed decisions about where to focus their capital spend. This is especially crucial as health system budgets continue to tighten and healthcare leaders are forced to make difficult budgeting decisions,” said Kyle Green, CEO, HANDLE Global.