The scale of the attack — Change Healthcare processes 15 billion transactions a year, according to the American Hospital Association —meant that even patients weren't customers of UnitedHealth were potentially affected. The attack has already cost UnitedHealth Group nearly $900 million, company ...
This isn't the first time the justice department has had UnitedHealth in its legal crosshairs. Just two years ago, it unsuccessfully sued the company amid its purchase of Change Healthcare, the IT firm targeted in the cyberattack in February that reportedly cost UnitedHealth $872 million ...
Andrew Witty, Chief Executive Officer of UnitedHealth Group, testifies at a Senate Finance Committee hearing examining cyber attacks on health care, and the Change Healthcare cyber attack, Wednesday, May 1, 2024, on Capitol Hill in Washington. Credit: AP Photo/Jacquelyn Martin The Change Healthca...
$22 million ransom, which ALPHV/BlackCat leaders then kept for themselves, leaving the actual hackers (who were, apparently, contractors) in the dust. Those hackers, denied their cut of the ransom, then took the Change Healthcare data they stole and attacked UnitedHealth Groupagain: They ...
Nation's leading drugstore chain:Representing client in $225 million acquisition of a retail and specialty pharmacy business. Manufacturers: Counseling health care and life sciences manufacturers (e.g., bio-pharmaceuticals, pharmaceuticals and devices) with respect to a wide varie...
UnitedHealthcare’s Surest, a value-based copay plan with a broad provider network, offers predictability to consumers and helps employers incorporate health equity principles into their health benefits. April 23, 2024 Research Brief Forward-Looking Statement Cancel All 23 Million Uninsured Individu...
Thompson allegedly netted $15 million from selling stock. Thompson’s tenure as CEO of the insurer began April 2021 and marked a period of growth for the company. Under his leadership, profits for UnitedHealthcare surged from $12 billion in 2021, to more than $16 billion in 2023. Thompson...
UnitedHealthcare, with its $281 billion in revenue and responsibility for covering the lives of 49 million Americans, recently deployed an AI system to deny elderly patients’ claims with a staggering 90 percent error rate. The company continued using this system despite knowing it was wrong ...
Managed Healthcare Market Closed -Nyse 04:00:02 2025-01-24 pm EST5-day change1st Jan Change 532.51USD+0.52% +4.46%+5.27% 06:30pmUnitedHealth confirms 190 million Americans affected by hack at tech unit, TechCrunch reportsRE Jan. 23UnitedHealth Promotes Tim Noel as CEO of the UnitedHealth...
24 Screening for early detection of cervical, colorectal, and breast cancer has been a major contributor to substantial declines in mortality rates of these cancers in the United States,22 and health care professional recommendation for screening is associated with screening receipt.25 However, ...