Morning Headlines 3/21/23
March 20, 2023 Headlines No Comments Washington prepares for war with Amazon
Politico reports that the FTC decided not to sue to block Amazon’s $4 billion acquisition of One Medical due to the…
Tag: FTC
Pfizer’s Seagen Acquisition Brings It Full Circle in a Hot Area of Cancer Drug R&D
Seagen, the biotech company Pfizer is buying for $43 billion, is considered a pioneer in the class of cancer drugs called antibody drug conjugates. But the first ADC to reach the market wasn’t a…
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MediFormatica Daily Digest – Tuesday, March 14, 2023 – (45 posts)
In todays fast-paced world, it is easy to miss out on important information, especially if you are trying to keep up with a lot of different sources. That is where the daily digest comes in – it is a tool that compiles all the posts created on the previous day, providing you with a convenient […]
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Feds Hit BetterHealth With $8M Fine Over Patient Data Sharing Lapses
The Federal Trade Commission has taken steps to sanction online counseling service BetterHelp, Inc. which it says shared sensitive healthcare data inappropriately. This is the latest move by the FTC to crack down on…
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Feds Hit BetterHelp With $8M Fine Over Patient Data Sharing Lapses
The Federal Trade Commission has taken steps to sanction online counseling service BetterHelp, Inc. which it says shared sensitive healthcare data inappropriately. This is the latest move by the FTC to crack down on…
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Cerebral says 3M affected by a patient data breach
A patient information disclosure has impacted more than 3 million patients who use online virtual mental health platform Cerebral, according to the U.S. Department of Health and Human Services’ Office for Civil Rights.WHY IT…
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Cerebral Admits That it Wrongly Shared Data of 3.1M Users
After months of criticism about its data privacy practices, Cerebral admitted that it wrongfully shared the private health information of 3.1 million of its users. This admission comes in the form of a March…
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News 3/10/23
Top News
Oracle reports Q3 results: revenue up 18%, adjusted EPS $0.68 versus $0.84, beating earnings expectations but falling just short on revenue.
The company’s much-watched cloud revenue jumped 45%.
ORCL shares dropped 5% in after-hours…
Lawmakers Are Cracking Down on Companies Using Health Data for Advertising
Three U.S. senators recently introduced legislation that would ban the use of health data for advertising and marketing purposes. Senators Amy Klobuchar (D-Minnesota), Elizabeth Warren (D-Massachusetts) and Mazie Hirono (D-Hawaii) proposed the bill, which…
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FTC Proposes $7.8M Settlement With BetterHelp Over Improper Health Data Sharing
By Jill McKeon March 07, 2023 – The Federal Trade Commission (FTC) proposed a $7.8 million settlement with online counseling service BetterHelp, resolving allegations of improper health data sharing practices. In addition, the…
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