CNBC March 27, 2024
Key Points
– UnitedHealth Group has paid out more than $3.3 billion to providers affected by the cyberattack on its subsidiary Change Healthcare.
– The company disclosed in February that a cyber threat actor breached part of the unit’s information technology network.
– The interruptions left many health-care providers temporarily unable to fill medications or get reimbursed for their services by insurers, which ground revenue cycles to a halt.
UnitedHealth Group has paid out an additional $1 billion to providers that have been impacted by the Change Healthcare cyberattack since last week, bringing the total amount of funds advanced to more than $3.3 billion, the company said on Wednesday.
UnitedHealth, which owns Change Healthcare, discovered in February that a cyber...