Medicare Payment Assistance Ends Next Month For Providers Hit By Cyberattack [Forbes]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Forbes
The Centers for Medicare & Medicaid Services, which administers Medicare payments, will soon end financial assistance to physicians and other providers of medical care who had reimbursements disrupted by the cyberattack on UnitedHealth Group's Change Healthcare unit. A cyberattack in February on Change Healthcare triggered chaos for several weeks for physicians and medical care providers across the country, paralyzing Change Healthcare's massive billing and payment system. The attack triggered a shutdown of parts of Change Healthcare's electronic system, leaving doctors and other providers of medical care without the ability to get insurance approval of patient services. “Payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption will conclude on July 12, 2024,” the Centers for Medicare & Medicaid Services (CMS) said earlier this week. “Launched in early March, the CHOPD payments were designed to ease cash flow disruptions
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UNH
Earnings
- 7/16/24 - Beat
UNH
Sec Filings
- 9/26/24 - Form 4
- 9/26/24 - Form 4
- 9/26/24 - Form 4
- UNH's page on the SEC website