Recognizing the Effects of the Healthcare Cyberattack on Providers

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Change Healthcare suffered a cyberattack on February 21st at the hands of the notorious BlackCat/ALPHV ransomware group, forcing it to take its systems offline.

As the sector enters the second week of outages, operational disruptions and cash flow problems persist, with no timeline for when Change Healthcare, which is part of Optum and owned by UnitedHealth Group, will bring its systems back online.

For providers, that has meant delays in processing claims for payment, which represents a key revenue source for hospitals and independent practices alike. Patients have also felt the effects of this attack, as cost estimation services remain unavailable and some patients are unable to get their prescriptions or have to self-pay for medication

Vendor:
XtelligentMedia Healthcare
Posted:
Apr 2, 2024
Published:
Mar 28, 2024
Format:
PDF
Type:
eGuide
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