Data Breach Saga Continues: AMCA Files for Chapter 11 Bankruptcy

Earlier this month, insideARM wrote about a data breach that occurred at American Medical Collection Agency (AMCA), a healthcare debt collection agency, when its web payment page was compromised. Yesterday, AMCA filed for Chapter 11 bankruptcy (using its business name of Retrieval-Masters Creditors Bureau, Inc.).

Editor’s Note: Chapter 11 bankruptcy involves the reorganization of a business’s debts so that the business can continue, compared to Chapter 7 bankruptcy, which involves liquidation of the business's assets to pay creditors.

Russell Fuchs, AMCA’s founder and CEO, filed a declaration in support of the bankruptcy where he outlined the series of events that led to the data breach and the fall-out from the incident. Fuchs discusses the history of the agency and how, over time, demand grew for web-based interaction with patients, such as the web payment page. The data breach was the first in the company’s 40-year history. The declaration states:

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