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CSPAN3 UnitedHealth July 2, 2024

This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will come to order. This morning the finance Committee Examines the change healthcare hack that nearly brought our countrys Health Care System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other
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CSPAN2 Chime July 3, 2024

[inaudible conversations] okay. Here we are. Thank you. Good morning, everyone. My loud enough . Good morning, everyone. It is such a pleasure as to welcome you all on behalf of the brookings institution, Cornell Law School and band of law school, erin, dan and i are truly thrilled, incredibly delighted and deeply honored that you join us today in person as well as online to talk about the u. S. Financial and Payment System. Given that it is a friday of a Holiday Weekend and you guys are here to talk about the Payment System on a dreary d. C. Day, i think its safe to assume that you are here for a completely unabashedly full on nerd experience for the day. And so that is exactly what were here to give you. Because the u. S. Payment system deeply, desperately ne ....

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CSPAN2 Chime July 3, 2024

Businesses. Here we are. Thank you. Good morning, everyone. It is a pleasure to welcome you all on behalf of the brookings institution. Cornell law school and vanderbilt law school. We are incredibly delighted that you have joined us today in person as well as online. Talk with u. S. Financial system, given that it is outside of a Holiday Weekend and you guys are here to talk about the Payment System, i think it is safe to assume you are here for a completely full on nerd experience so that is exactly what we are here for. Deeply desperately needs it. It needs your ideas, it needs your policies and passion to get it ready and equipped but we know is already here so we know the u. S. Payment t system has undergone structural transformation over the last three or four years and if we could have a show of hands in the room, youve been using the last 24 hours to pay for anything ....

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CSPAN2 Chime July 3, 2024

App featuring your unfiltered view of whats happening in washington live and ondemand. Keep up with todays biggest events with live streams of floor proceedings and hearings from the u. S. Congress, white house events, the courts, campaigns and more from the world of politics all at your fingertips. You can also stay current with the latest episodes of washington journal and by scheduling information for cspans tv networks and cspan radio plus a variety of compelling podcast here cspan now is available at the apple store and google play. Download it for free today. Cspan now, youre your t to washington anytime anywhere. , it up next to a discussion on the current state of the american Payment System and inclusion of nonbank digital Payment Systems your topics include the change from cash to Digital Payment services and ....

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CSPAN2 UnitedHealth July 3, 2024

This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will finance committee will come cto order. K we examined the change healthcare act that nearly brought the Healthcare System to a stand till. Joining us is mr. Andrew woody. He willcall uhg and own change healthcare. Lets put i things in prospective. They generated 324 billion in making it the fifthbillion in largest in the country. Touchedos 152 individuals across all lines of business. Insurance, home health, and pharmacy. With its profits uhg purchased dozensth of Healthcare Companies and the largest purchaser of practices. I this corporation is a healthcare i believe the bigger the company the bigger the responsibilityty to protect systems from hackers uhg was a bigd. Target long before it was hacked. The fbi said the
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