Cybersecurity
Debt Collector Goes Bankrupt After Health Care Data Hack
- Retrieval-Masters Creditors Bureau to liquidate business
- Firm cites pullback by customers including Quest, LabCorp
A Quest Diagnostics Inc. requisition form is displayed for a photograph.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Retrieval-Masters Creditors Bureau Inc., whose business was blamed for a large-scale data breach that affected millions of Quest Diagnostics Inc. customers, filed for Chapter 11 protection, citing fallout from the security issue.
The company, which collects patient receivables for medical labs under the name American Medical Collection Agency, listed assets and liabilities of as much as $10 million in its bankruptcy petition filed in the Southern District of New York. It’s aiming to liquidate, the company said.