What does the Privacy Act of 1974 govern?

The Privacy Act of 1974 is primarily focused on the protection of personal information held by federal agencies, establishing rules that govern how personal data is collected, maintained, and disclosed. This act emphasizes the importance of patient confidentiality by ensuring that individuals have certain rights regarding their personal information, including the right to access their records and request corrections. It plays a crucial role in safeguarding personal data, thereby enhancing the trust between individuals and the government regarding their personal and sensitive information.

While other options touch on important aspects related to healthcare and patient rights, none align specifically with the core purpose of the Privacy Act of 1974 as effectively as the focus on patient confidentiality and the protection of records. The act does not address healthcare fraud, licensing requirements, or financial assistance, which are governed by different regulations and statutes pertinent to the healthcare landscape.