Readers Write: Application Portfolio Management: The Hidden Key to Healthcare Cybersecurity Resilience
Application Portfolio Management: The Hidden Key to Healthcare Cybersecurity Resilience
By Kevin Erdal
Kevin Erdal is president of advisory services at Nordic.
Healthcare leaders are navigating a tough reality: protecting margins while making operations more resilient. Financial pressures, workforce shortages, and regulatory complexity mean every investment must deliver real, measurable impact.
At the same time, cyber threats are amplifying these pressures. A single breach can wipe out hard-won savings, derail transformation projects, and compromise patient safety.
In this environment, application portfolio management (APM) is a strategic necessity.
Think of APM as a smarter way to manage your technology stack. By taking inventory, trimming what you don’t need, and securing what you keep, you can cut waste, reduce risk, and lay the groundwork for streamlined, patient-centered operations without adding complexity.
What are the risks of ignoring application portfolio management?
Healthcare is the most expensive sector for cyberattacks, with the average breach costing $11 million, three times the global average. Ransomware is the most prevalent threat, accounting for approximately 70% of healthcare cyberattacks. In 2024 alone, 118 confirmed ransomware attacks accessed more than 15 million patient records.
The operational impact across our industry is staggering:
- 17 days of average downtime per ransomware incident, costing $1.9 million per day.
- 92% of healthcare organizations targeted by cyberattacks in 2024.
- $21.9 billion in downtime losses over six years.
Most importantly, the risk to patient safety can’t be overstated. When systems fail, care delivery is disrupted, treatments are delayed, and lives are at risk.
Why traditional cybersecurity isn’t enough
Most healthcare organizations rely on perimeter defenses like firewalls, VPNs, and intrusion detection systems, but attackers often exploit internal vulnerabilities, especially through unmonitored legacy applications and shadow IT.
If you don’t know what’s running in your environment, you can’t protect it. And you may be paying for apps you don’t even use.
What is application portfolio management (APM)?
Application portfolio management is the structured process of managing applications based on value, cost, risk, and performance. It includes:
- Inventory and classification of all your applications.
- Risk and value assessment to understand security posture and business impact.
- Lifecycle and rationalization planning to retire redundant or high-risk apps
Done right, APM is a strategic enabler for efficiency, modernization, and cost control.
How does APM deliver real ROI?
APM allows you to clean up your tech stack and create significant wins across your organization.
- Visibility = control. You can’t secure what you don’t know exists.
- Risk prioritization. Spot high-risk apps before they become breach entry points.
- Legacy exposure mitigation. Retire unsupported apps before attackers exploit them.
- Cost savings. Rationalization reduces licensing, maintenance, and support costs.
- Compliance confidence. Stay ahead of HIPAA and other regulatory requirements.
- Foundation for innovation. Simplify before you modernize.
APM delivers value across the enterprise by aligning technology decisions with business, financial, and clinical priorities:
- Chief information officers gain alignment between IT investments and strategic goals, paving the way for digital transformation.
- Chief information security officers strengthen risk management and improve threat response.
- Chief financial officers see hard ROI through cost savings and breach avoidance.
- Chief medical information officers benefit from streamlined clinical workflows and better data integrity.
How to get started with application portfolio management
Here’s a practical roadmap for healthcare leaders:
- Start with an inventory. Capture every app across clinical and business functions.
- Map applications to workflows. Understand their role in care delivery and operations.
- Assess risk and compliance. Evaluate vendor security posture, data sensitivity, and HIPAA alignment.
- Rationalize and retire redundant or risky apps. Reduce attack surface and technical debt.
- Integrate APM insights into governance programs. Embed findings into cybersecurity strategy and IT planning.
How the right partner accelerates APM success
Finding redundant apps is just the start. The real challenge is managing governance, staying compliant, and retiring systems without disrupting care or losing critical data. That’s where the right partner can help. Experienced healthcare IT advisors bring proven, scalable frameworks and tools to make the application portfolio management process faster and safer.
Partnering gives you the structure and support to reduce risk, achieve measurable ROI, and build a solid foundation for future innovation.
Bottom line: APM is foundational to cybersecurity resilience
Cyber threats and digital complexity aren’t slowing down, and neither can you. Application portfolio management is one of the most practical, high-impact steps you can take to strengthen cybersecurity, protect margins, and build a foundation for future-ready operations.
The cost of doing nothing? Higher risk, wasted resources, and missed opportunities. The upside of acting now? You simplify your environment, reduce vulnerabilities, and free up capacity to deliver patient-centered care that’s safer and more efficient.
APM is a strategic lever for margin resilience, operational efficiency, and innovation. Start today and position your organization to do more with less while safeguarding your mission and the people you serve.


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