Becker's Healthcare February 23, 2024
UnitedHealth Group’s Change Healthcare has fallen victim to a cyberattack, marking a credit-negative event for the company, according to Moody’s.
“The cyberattack against UnitedHealth Group, one of the largest U.S. commercial prescription processors, is credit negative for the company, as financial and reputational impacts may ensue,” Dean Ungar, vice president and senior credit officer for Moody’s Investors Service, told Becker’s in an emailed statement. “Reportedly, the impact is limited to its subsidiary Change Healthcare, which is relatively small compared to the consolidated company.”
Change Healthcare reported a “cybersecurity incident” on Feb. 21...
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