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UnitedHealth Group CEO Sir Andrew Witty tells the Senate Finance Committee – which was questioning him about the Change Healthcare cyberattack – that the half-trillion dollar market cap UHG isn’t all that big….
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UnitedHealth Group CEO Andrew Witty testified on May 1 before both the House and Senate about the seismic February 21 cyberattack of UHG subsidiary Change Healthcare, which was infiltrated by the ALPHV ransomware gang. He…
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Season 2 of the MedCity Pivot Podcast has launched with a special focus on the evolution of phamacy and pharmacy benefit management. The first guest this season is A.J. Loiacono, who leads Capital Rx,…
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On an April 18 conference call with Optum Everycare CEO Jennifer Phalen, some employees of the company’s virtual care division were told that their last date would be in July, according to a news report this…
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What You Should Know:
– UnitedHealth Group, the parent company of the Optum health services division, announced the closure of its Optum Virtual Care business, Endpoints News first reports. Optum Virtual Care offered 24/7 access…
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The following is a guest article by Troy Hawes, Managing Director at Moss Adams
The recent cybersecurity attack against Change Healthcare caused dramatic disruptions to one of the nation’s largest prescription processors.
On the morning of…
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Sources say that members of the BlackCat ransomware group broke into Change Healthcare’s systems nine days before initiating the February 21 ransomware attack, using stolen employee credentials to log in to a remote…
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Shares of UnitedHealth rise on the news that the company beat Q1 revenue expectations in spite of costs incurred by the Change Healthcare cyberattack. The company expects to lose up to $1.6 billion…
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What You Should Know:
– A recent American Medical Association (AMA) survey reveals the ongoing crippling effects of the Change Healthcare cyberattack on physician practices across the United States.
– The survey was conducted after UnitedHealth…
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A second ransomware group – likely a disgruntled affiliate of the Blackcat/ALPHV group – threatens UnitedHealth Group with the sale of data that was stolen during the February ransomware attack on Change Healthcare…
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