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Chester County braces for sale or closure of Tower Health s Brandywine and Jennersville Hospitals

Chester County braces for sale or closure of Tower Health s Brandywine and Jennersville Hospitals
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New Enforcement Threat: Coordinated AGs Pursuing Settlements Following Big Breaches | Health Care Compliance Association (HCCA)

In late September, Anthem Inc. entered into a $39.5 million settlement for a 2014 data breach that affected nearly 79 million individuals. [1] About a week later, CHS/Community Health Systems Inc. agreed to pay $5 million for a breach that same year; 6.1 million records had been hacked. [2] Premera Blue Cross, in July of last year, agreed to pay $10 million for its 2015 breach that exposed the protected health information (PHI) of more than 10.4 million people. [3] More than half of that amount $5.4 million went to Washington State alone, as its state Attorney General (AG) Bob Ferguson had spearheaded the investigation. Because these payments all came amid costly settlements announced by the HHS Office for Civil Rights (with the same organizations), HIPAA privacy and security officials might have missed the fact that all four settlements were not with OCR but were negotiated by state AGs working together.

Daily Update: December 14, 2020

Subscribe on LinkedIn to be notified of each new Daily Update a curated selection of essential intelligence on financial markets and the global economy from S&P Global. Major cities around the world have suffered high rates of coronavirus infections and deaths since the onset of the crisis, due largely to their dense populations. As the largest metropolis in the U.S., New York City’s challenges may be far from over. New York City existed as the epicenter of the first wave of the country’s outbreak. Since March, it has reported more than 360,000 COVID-19 cases. Now, New York City’s new infections, deaths, and hospitalizations due to the virus are currently surging into a second wave. Thousands of small businesses have shuttered. Economic output has stalled. S&P Global Ratings revised the outlook on New York City’s credit rating to negative from stable as of Dec. 11, citing budgetary inflexibility and a high level of debt and liabilities for its decision.

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