FTC: Healthcare data privacy major priority in '24 fiscal budget

The Federal Trade Commission is seeking more funds to investigate matters involving healthcare data and privacy.  

In the FTC's 2024 budget proposal, the organization is asking for a total of $590 million, a $160 million budget increase from 2022. 

As the FTC looks to increase its moves to crack down on healthcare organizations and startups who may be risking the privacy of sensitive medical data, it is seeking more funds. 

"Additional staff will allow the agency to investigate and litigate more and increasingly complex matters, such as those involving health privacy," the March 13 budget proposal reads. 

The agency has been using its Health Breach Notification Rule against healthcare organizations and companies who have been using healthcare data for marketing practices. 

Most recently, the FTC reached a settlement with online therapy company BetterHelp and GoodRx for illegally sharing patient data to advertise on social media platforms.  

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