Third Party Risk Ops: Tech For MedTech w. Ed Gaudet

03/07/2025 57 min Temporada 1 Episodio 22

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Episode Synopsis

In this episode of Inside MedTech Innovation, Ed Gaudet, CEO and founder of Censinet, joins host Shannon Lantzy to examine how cybersecurity risk is becoming a direct factor in patient care.Ed shares what he learned selling into hospitals where every deal required a different security assessment, and how those fragmented processes prompted him to build Censinet. The conversation explores why healthcare environments are particularly complex, how ransomware is affecting hospital operations, and what leaders can do to make better decisions across the vendor lifecycle.For innovators, policymakers, and clinicians, this discussion offers a practical look at how health systems are starting to treat cybersecurity not just as an IT concern, but as part of their core clinical and operational strategy.Timestamps:00:00 – What’s at stake in cybersecurity risk03:00 – Ed’s background and founding Censinet05:45 – Why risk assessments in healthcare are so fragmented08:00 – What hospitals evaluate in third-party vendors12:00 – When clinical urgency overrides risk protocols14:00 – Ransomware’s impact on care delivery16:45 – Managing risk across the vendor lifecycle18:00 – Shifting from IT risk to business risk20:00 – Change Healthcare as a case study21:30 – How Ed built credibility with hospital partners24:00 – Research linking ransomware to patient outcomes28:00 – Creating a managed service to test Censinet internally31:00 – Real-world results: 5X output, fewer staff34:00 – Transparency as a business practice37:00 – Overcoming resistance to better risk management39:00 – What AI is (and isn’t) doing in risk ops today41:00 – Peer benchmarking and open access to data44:00 – Three changes Ed would make in markets and policy47:00 – Leading a mission-driven business53:00 – Final thoughts and personal driversConnect with Shannon:LinkedIn – Shannon LantzyWebsiteConnect with Ed:LinkedIn – Ed Gaudet Website – CensinetFOLLOW SHANNON & ED: