Security News > 2024 > April > UnitedHealth: Change Healthcare cyberattack caused $872 million loss
UnitedHealth Group reported an $872 million impact on its Q1 earnings due to the ransomware attack disrupting the U.S. healthcare system since February.
Change Healthcare is the biggest payment exchange platform used by doctors, healthcare providers, and over 70,000 pharmacies within the United States healthcare system.
UnitedHealth also has contracts with over 1.6 million health professionals and 8,000 healthcare facilities in all 50 states.
The February breach caused UnitedHealth subsidiary Optum to shut down Change Healthcare systems and services, preventing doctors and healthcare facilities across the U.S. from billing or sending claims to insurance companies.
US govt probes if ransomware gang stole Change Healthcare data.
Ransomware gang claims they stole 6TB of Change Healthcare data.