The parent company of healthcare debt collection firm American Medical Collection Agency (AMCA) has filed for bankruptcy protection following a major breach which is thought to have affected as many as 20 million patients. Its Chapter 11 filing in the Southern District of New York reveals the action was taken due to a “cascade of events” and “enormous expenses that were beyond the ability of the debtor to bear.” These were precipitated by that eight-month breach, discovered in March this year, which affected millions of patients of clients including Quest Diagnostics, LabCorp and BioReference.

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