AXIOS March 13, 2024
A central question that has emerged since a cyberattack on a UnitedHealth Group subsidiary is how the strike against a single company has wrought such chaos across an entire industry.
Why it matters: Hospitals, doctors’ offices and pharmacies are still struggling with the fallout of the outage of Change Healthcare’s payment system, as they worry emergency measures won’t be enough if the disruption drags on.
The big picture: Some cybersecurity experts point to UnitedHealth’s buying spree, which among other things has allowed the nation’s largest insurer to control a major piece of how medical claims are processed.
- Horizontal and vertical mergers that have become common among major U.S. companies, including in health care, create massive targets for cyber criminals,...
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Topics: CMS, Congress / White House, Cybersecurity, Govt Agencies, Health IT, HHS, Insurance, Payer, Provider, Technology