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UnitedHealth Group Shares Cyberattack Status Update; Says Today Change Healthcare Will Begin Releasing Medical Claims Preparation Software, An Important Step In The Resumption Of Services

Author: Benzinga Newsdesk | March 18, 2024 10:49am

Company has advanced more than $2 billion thus far to help providers in need; encourages affected providers to contact Optum

UnitedHealth Group (NYSE:UNH) continues to make progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the U.S. health system and the Change Healthcare services, while continuing to expand financial assistance to affected providers.

Today Change Healthcare will begin releasing medical claims preparation software, an important step in the resumption of services. This will be made available to thousands of customers over the next several days. The company expects to have third-party attestations available prior to services becoming operational. Following this initial phase, remaining services restoration will continue through ongoing phases of activation until all customers have been connected.

"We continue to make significant progress in restoring the services impacted by this cyberattack," said Andrew Witty, CEO of UnitedHealth Group. "We know this has been an enormous challenge for health care providers and we encourage any in need to contact us."

On March 15, the company restored Change Healthcare's electronic payments platform and is proceeding with payer implementations. On March 7, the company restored 99% of Change Healthcare pharmacy network services, and continues to work on remaining issues.

To assist care providers whose finances have been disrupted by the cyberattack, the company has advanced more than $2 billion thus far through multiple initiatives. The company recognizes the high level of fragmentation of the U.S. health system can result in uneven experiences, therefore it continues to enhance and expand funding support to make it easier for care providers to access funding help at no cost. To further assist care providers, the company also suspended prior authorizations for most outpatient services and utilization review of inpatient admissions for Medicare Advantage plans.

Posted In: UNH

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