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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.
2025-01-14T19:58:00Z By Adrianne Appel
Capital One promised very high interest rates on millions of savings accounts but the bank didn’t deliver, losing customers more than $2 billion, the Consumer Financial Protection Bureau alleged.
2025-01-14T17:11:00Z By Aaron Nicodemus
Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
2025-01-13T17:32:00Z By Aaron Nicodemus
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years, causing $19 million in harm to its customers.
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