This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will finance committee will come cto order. K we examined the change healthcare act that nearly brought the Healthcare System to a stand till. Joining us is mr. Andrew woody. He willcall uhg and own change healthcare. Lets put i things in prospective. They generated 324 billion in making it the fifthbillion in largest in the country. Touchedos 152 individuals across all lines of business. Insurance, home health, and pharmacy. With its profits uhg purchased dozensth of Healthcare Companies and the largest purchaser of practices. I this corporation is a healthcare i believe the bigger the company the bigger the responsibilityty to protect systems from hackers uhg was a bigd. Target long before it was hacked. The fbi said the Healthcare Industry is the number one target of er one ransomware. Y 15 billion transactions annuallh are done and third of american patient records pass
More than 1800 people died from the storm and flooding after more than a Million People had to be evacuated. The death and destruction along the gulf coast from florida to texas although the situation in new orleans is remember the most. They should get underway shortly. Live coverage here on cspan2. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] its been 10 years since Hurricane Katrina slammed into the gulf coast. We will hear an update shortly from housing secretary Julian Castro and the housing and urban Development Recovery department. One of several programs on the anniversary of katrina. We will email but a program next monday at an allday form bean house did buy the atlantic. Thisll be hosted by the atlantic with fema administrator craig fugate. Looking at the Disaster Preparedness, how doors i
They will turn to journalists to recount what so many indoor it and what none of us can forget. Amid the devastating numbers more than 1800 lives lost. And more than 1 million americans displaced, a million homes destroyed across five states. 150 billion in economic damage. Amid all of those numbers, americans will also look for answers. How much progress have we made in the years since katrina particularly in new orleans which was the hardest hit community and what are we doing to continue supporting the housing and overall recovery in the affected communities . Today is about providing answers but its also about more than that. We are also reaffirming their commitment to the people of the gulf to continue working with them and for them until the job of recovery is complete. You see, as long as there are people who want to come home and communities that need to be rebuilt, our job is not done. Thats the true meaning of commemoration. Not to simply mark a day on our calendars but to en
The subcommittee on communications and technology will now come to order. And the chair recognizes herself for five minutes for an Opening Statement. And i do want to welcome each and every one of you. Obviously a hearing of interest as we have a full room in front of us. And it is our first hearing in 2017 with a fully formed federal Communications Commission as often seems to be the case, the senate takes their dear ever loving time to get things done, but im pleased to see that the commission is back up to speed and ill tell you i am pleased that we have five members of this commission and they have different points of view to bring to the discussion on all things telecom related. I think that is healthy for the telecommunications and technology industry. Were here today to conduct oversight of the agency which is this subcommittees primary role. It is very important that we fulfill these obligations because we have given the fcc a Critical Mission and critical task to fulfill. From
Communications in the subcommittee on communications and technology will now come to order. And the chair recognizes herself for five minutes for an Opening Statement. And i do want to welcome each and every one of you. Obviously a hearing of interest as we have a full room in front of us. And it is our first hearing in 2017 with a fully formed federal Communications Commission as often seems to be the case, the senate takes their dear ever loving time to get things done, but im pleased to see that the commission is back up to speed and ill tell you i am pleased that we have five members of this commission and they have different points of view to bring to the discussion on all things telecom related. I think that is healthy for the telecommunications and technology industry. Were here today to conduct oversight of the agency which is this subcommittees primary role. It is very important that we fulfill these obligations because we have given the fcc a Critical Mission and critical tas