UnitedHealth's first-quarter report will offer a window into Change cyberattack costs
Publishing timestamp: 2024-04-15 11:53:55
Summary
UnitedHealth Group's first-quarter earnings report will provide insight into the financial impact of a cyberattack on its Change Healthcare subsidiary. The outage has caused disruptions in billing and payments processing, leading physician groups to take out loans. The real-time data disruption will also impact Medicare Advantage health insurers as they prepare bids for 2025 plans. The delay in medical cost trends will increase uncertainty for the industry.
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Source: https://www.cnbc.com/2024/04/15/unitedhealth-q1-results-change-cyberattack-in-focus.html