MacMusic  |  PcMusic  |  440 Software  |  440 Forums  |  440TV  |  Zicos
unitedhealth
Search

UnitedHealth Group Paid More Than $2 Billion To Providers Following Cyberattack

Friday March 22, 2024. 04:30 AM , from Slashdot
An anonymous reader quotes a report from CNBC: UnitedHealth Group said Monday that it's paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare. 'We continue to make significant progress in restoring the services impacted by this cyberattack,' UnitedHealth CEO Andrew Witty said in a press release. 'We know this has been an enormous challenge for health care providers and we encourage any in need to contact us.'

UnitedHealth disclosed nearly a month ago that a cyber threat actor breached part of Change Healthcare's information technology network. The fallout has wreaked havoc across the U.S. health-care system. Change Healthcare offers e-prescription software and tools for payment management, so the interruptions left many providers temporarily unable to fill medications or get reimbursed for their services by insurers. UnitedHealth, which provides care for 152 million people, said on Monday that it began releasing medical claims preparation software, which will be available to thousands of customers in the next several days. The company called it 'an important step in the resumption of services.'

On Friday, UnitedHealth said it restored Change Healthcare's electronic payments platform, after rebooting 99% of its pharmacy network services earlier this month. It also introduced a temporary funding assistance program to help health-care providers experiencing cash flow trouble because of the attack. UnitedHealth said the advances will not need to be repaid until claims flows return to normal. Federal agencies like the Centers for Medicare & Medicaid Services have introduced additional options to ensure that states and other stakeholders can make interim payments to providers, according to a release.

Read more of this story at Slashdot.
https://it.slashdot.org/story/24/03/21/2222235/unitedhealth-group-paid-more-than-2-billion-to-provid...
News copyright owned by their original publishers | Copyright © 2004 - 2024 Zicos / 440Network
Current Date
Nov, Sun 24 - 10:21 CET