Privacy Protection and Data Security in Health Care-Related Bankruptcies
All organizations are susceptible to breaches in privacy protection and data, but health care systems involved in bankruptcy proceedings are among the most vulnerable. These entities are responsible not only for safeguarding data and protecting privacy, but also for preventing the disclosure of confidential medical information — and the failure to do so can have financially crippling consequences. In this article, Jennifer Meyerowitz looks deeply into the data and privacy concerns prevalent in a typical health care industry bankruptcy, with considerations and solutions for protecting medical information, securing personal and consumer data, and safeguarding privacy in order to preserve the value of the company and its assets for the benefit of its estates.