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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-03-14T19:45:00
Change Healthcare, a health payment processor hit by a crippling cyberattack in February, is under investigation by the Department of Health and Human Services’ (HHS) Office for Civil Rights (OCR).
In an open letter intended for hospitals and healthcare offices published Wednesday, OCR Director Melanie Fontes Rainer said the agency was investigating whether Change Healthcare violated Health Insurance Portability and Accountability Act (HIPAA) rules by not following breach notification requirements and properly safeguarding patient information.
Change Healthcare, a unit of Optum, which is owned by insurer UnitedHealth Group (UHG), processes 15 billion financial and other transactions annually for healthcare entities nationwide, from hospitals to pharmacies. The massive attack the company endured on Feb. 21 has meant health entities across the country have not been able to process electronic payments and records.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-04-30T20:18:00Z By Adrianne Appel
UnitedHealth Group’s response to a major cyberattack in February that wreaked havoc with medical payments nationwide has been “inadequate” and must be improved immediately, a group of 22 state attorneys general told the company.
2024-04-23T21:03:00Z By Adrianne Appel
The massive cyberattack on Change Healthcare has potentially compromised the personal and protected health information of an untold number of Americans, according to parent company UnitedHealth Group.
2024-04-19T11:00:00Z By Aaron Nicodemus
The Department of Justice’s Antitrust Division, the Federal Trade Commission, and the Department of Health and Human Services partnered to create an online portal for the public to report instances of anticompetitive practices in the healthcare sector.
2024-11-26T19:59:00Z By Jeff Dale
The U.K. Financial Conduct Authority fined the London branch of Australian-based Macquarie Bank Limited more than 13 million pounds (U.S. $16.3 million) for “serious control failures” that allowed a trader to conceal hundreds of fictitious trades over a 20-month period.
2024-11-26T17:29:00Z By Aaron Nicodemus
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
2024-11-26T14:53:00Z By Aaron Nicodemus
Hedge fund manager Scott Bessent, named by Donald Trump on Friday as his nominee for Treasury Secretary, has a clear mandate to deregulate the financial markets should he take the helm.
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