On June 6 of last year, Prof. Hal Scott of Harvard Law School was our podcast guest. On that occasion he delved into the thought-provoking question of whether the Supreme Court’s decision on May 16 in the landmark case of CFSA v. CFPB really hands the CFPB a winning outcome, or does the Court’s validation of the agency’s statutory funding structure simply open up another question – namely, whether the CFPB is legally permitted under Dodd-Frank to receive funds from the Federal Reserve even though the Federal Reserve Banks have lost money on a combined basis since September 2022.
Recently, according to several sources, including MSN, Bank of America’s third-party data destruction vendor experienced a breach.
Documents containing personally identifiable information (PII), intended for shredding, were discovered in unsealed containers outside the vendor’s location.
The old saying, “hindsight is 20/20,” rings painfully true. It’s always easier to spot the flaws in procedures after a security lapse has occurred.
The United States continues to operate without a comprehensive federal consumer privacy law as the American Privacy Rights Act remains subject to further amendments and uncertainty. Consequently, nineteen states enacted comprehensive consumer privacy legislation, of which eight are becoming or have become effective in 2025, and some existing state privacy laws have been amended since their enactment. This fragmented approach creates compliance complexities and operational considerations for organizations operating at state and national levels.
This week, we examine the risks tied to diversity, equity, and inclusion (DEI) initiatives that employers face due to the Trump administration’s executive orders and the ensuing scrutiny from federal agencies, including the Equal Employment Opportunity Commission.
A recent study from Kodiak Solutions revealed the collection rate for providers from commercially insured patients dropped by more than 3 percentage points, from 37.6% in 2023 to 34.4% in 2024. The decline is creating substantial revenue cycle management challenges.
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