Becker's Healthcare March 11, 2024
The federal government is urging UnitedHealth Group and other insurers to address cash flow issues among providers facing an absence of timely payments following the cyberattack on Change Healthcare in February.
The attack has significantly complicated operations for hospitals, insurers, physician practices and pharmacies nationwide, with the American Hospital Association calling it the “most significant cyberattack” on healthcare in American history.
CMS said March 9 it has made advance payments available to Medicare Part A providers and Part B suppliers that are experiencing financial challenges. On March 1, Change set up funding assistance for providers facing cash flow issues after losing access to its payer systems, which provider groups like the AHA have called insufficient.
In its March 10...