Fierce Healthcare May 3, 2024
Change Healthcare’s parent company UnitedHealth has said that “a substantial proportion of people in America” could be affected by the cyberattack that has crippled vital parts of the U.S. healthcare system since February.
The company, which is reporting costs related to the attack of $870 million to date and is projected to cost a total of $1.35 billion to $1.6 billion this year, also warned it will most likely take months to identify and notify the customers and individuals affected.
Lawmakers have rightfully raised questions about the cyber risks associated with a handful of healthcare companies holding dominant positions, and many providers continue to deal with the fallout of not being able to receive payment for their services for an...