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Healthcare providers across the United States are struggling to get paid following the week-long ransomware outage at a key tech unit of UnitedHealth Group, with some smaller providers saying they... -February 29, 2024 at 06:09 am EST - MarketScreener
Large hospital chains are also locked out of processing payments with some absorbing the upfront costs of being unable to collect, according to the American Hospital Association (AHA), which represents nearly 5,000 hospitals, healthcare systems, networks and other providers.
Cybersecurity: The problems began last week after hackers gained access to UnitedHealth's Change Healthcare unit, a vital lynchpin in the complex US system for making and clearing insurance claims. It also affected electronic pharmacy refills and insurance transactions, particularly among independents, with some reverting to paper transactions.