Get Your Retirement Plan in Shape in 2025

The clock is ticking -- make the most of Q1 to set up a retirement plan that works for you. Datalign Advisory can help you get everything in order before tax time.

A large US health care tech company was hacked. It's leading to billing delays and security concerns

DEVNA BOSE
February 29, 2024

Health care providers across the country are reeling from a cyberattack on a massive U.S. health care technology company that has threatened the security of patients' information and is delaying some prescriptions and paychecks for medical workers.

The hack could also disrupt discharging people from the hospital, a major hospital association said.

Change Healthcare announced Thursday that a ransomware group that had claimed responsibility for the attack was at fault. Change Healthcare also said it is assessing the impact of the attack, which it first acknowledged on Feb. 21 and has affected billing and care-authorization portals across the country.

"Patient care is our top priority and we have multiple workarounds to ensure people have access to the medications and the care they need," Change Healthcare said in a statement.

Owned by UnitedHealth Group, Change Healthcare manages health care technology pipelines, processing 14 billion transactions a year. The company said its investigation determined that Change Healthcare, Optum, UnitedHealthcare and UnitedHealth Group systems have been affected. Change also confirmed Thursday that ransomware group ALPHV, or Blackcat, made the breach. The company didn't respond to a question about whether it paid or negotiated a ransom.

One of the most immediate impacts is that people are seeing delays in getting prescriptions, American Hospital Association spokesperson Ben Teicher said. Change Healthcare said most affected pharmacies are using workarounds like writing things down.

But the severity of the situation may still be unfolding, the American Hospital Association said in an email to The Associated Press. Hospitals are having issues with processing claims, billing patients and checking insurance coverage for care, the AHA said, but the attack also could affect the ability to pay workers and buy medicine and supplies.

"The impact to hospitals is just now really starting to crystallize and as a result has been underreported," Teicher said. "As a result we can't really speak to the longer term aftermath, but it can result in hospitals not being able to make payroll or patients still waiting for services to be approved."

Health systems told the Healthcare Association of New York State that they've had trouble with various things, including "an inability to verify patient eligibility and coverage ... communicate pharmacy prescriptions, file claims ... and receive normal cash flow to support operations, among other issues," association president Bea Grause said.

Several major health care providers that serve multiple states did not respond to requests for comment.

Cybersecurity experts say ransomware attacks have increased substantially in recent years, especially in the health care sector. This one comes on the heels of an attack last month on a children's hospital in Chicago, which had to take phone, email and medical records systems offline.

An FBI spokesperson in Tennessee said he could not confirm or deny whether the FBI is investigating.

"As far as we can tell, the attack is being contained," said Allan Liska, a threat intelligence analyst at Recorded Future. "We don't think it's going to get worse. But when you have a critical system like this that's down for an extended period ... the longer it's down and the longer that recovery takes, the more impact it's going to have on patient care."

___

AP correspondent Adrian Sainz in Memphis contributed to this report.

___

The Associated Press Health and Science Department receives support from the Robert Wood Johnson Foundation. The AP is solely responsible for all content.

Continue Reading...

Popular

Alberta’s premier says she won't support a move to stop energy shipments to US as tariff retaliation

VANCOUVER, British Columbia (AP) — The premier of Canada’s oil-rich province of Alberta said Monday she would not support any move to stop energy shipments to the United States as a way to combat U.S. President-elect Donald Trump’s threats to impose .

The High Roller of iGaming Stocks - Ad

Targeting high-margin players with 60% revenue growth and cutting-edge technology, this stock is a standout in iGaming. Opportunities like this are rare--Get the symbol here the crowd catches on.

Exact Sciences Sparks Analyst Optimism Amid Competitive Multi-Cancer Test Market

Exact Sciences' 2024 sales grew 10% to $2.76 billion, exceeding estimates. New cancer tests, including Cologuard Plus, are set for 2025 launch.

Tether To Relocate Headquarters To El Salvador

Tether (CRYPTO: USDT) on Monday announced it has acquired a Digital Asset Service Provider (DASP) license by El Salvador, allowing it to subsequently relocate its operations to

Exposed: 3 Cent Crypto to Explode January 20th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on January 20th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Peter Lynch's Money-Making Advice: 'When Things Go From Terrible to Semi-Terrible to OK, You Can Make a Lot of Money'

Peter Lynch, known for his remarkable 13-year tenure managing Fidelity's Magellan Fund, recently said that he has never explicitly promoted investing in the stock market.

Nvda: Correction or Full-Blown Crash? - Ad

It's clear that powerful headwinds are headed for NVDA in 2025. Analysts on and off Wall Street say to load up on THIS ticker instead. It's an under-the-radar AI stock that just hit a 52-week high. Marc Chaikin, to talk about the future of the red-hot AI trend... And he named this same stock as his #1 AI pick for 2025.

The IPO Turning Heads - Ad

A groundbreaking IPO has hit the NYSE-A, targeting a $60B market. This company's mission to produce up to 2.4 million tons of potash annually could supply 20% of Brazil's current potash needs. It's a rare chance to explore this IPO opportunity while it's still fresh.

Britain’s Treasury chief kicks off China visit

BEIJING (AP) — Britain’s Treasury chief kicked off a visit to China on Saturday aimed at boosting economic and financial cooperation between the countries, as the U.K.’s Labour government seeks to .

Declassified: "Amazon Coin" Revealed - Ad

Starting January 20th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2025.

Canada's Trudeau urges US consumers to consider the harm of Trump's tariff threats

VANCOUVER, British Columbia (AP) — Canada's outgoing Prime Minister Justin Trudeau on Sunday suggested that President-elect Donald Trump's remarks about Canada becoming America's “51st state” has distracted attention from the harm that steep tariffs would inflict on U.S. consumers.

Porter Stansberry Warns: Nvidia Shares Could Drop By 50% - Ad

It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse is coming. In this new exposé, Porter Stansberry reveals why the tech giant is poised to topple...

Canadian Official Claps Back At Trump's 51st State Comments, Offers To Buy These Two American States

Canadian officials say their country isn't for sale and suggest Donald Trump should sell them two states instead of trying to make its neighbor a state.

Shocker: Trump's 1st Day Could Change Everything - Ad

Legendary investor Louis Navellier, who correctly predicted Trump's win... Believes this "day-one" Trump move is about to create a rare opportunity for everyday Americans like you to turn a small stake into real wealth in the stock market. But hurry...

Jimmy Carter's Funeral: 5 Living Presidents Attend; Family, Colleagues Share Warm, Humorous Stories

Jimmy Carter's state funeral united five living U.S. presidents, including Trump and Obama. Carter was remembered as a peace-seeking leader.

Moldovans grapple with outages as energy crisis grips pro-Russia region

COPANCA, Moldova (AP) — Every time planned electrical outages are imposed on his village in southern Moldova, 73-year-old retiree Vasili Donici passes the time solving crosswords and puzzles in a room he illuminates using a small gas lamp.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy

Macy's revealed plans to close 66 stores as part of its "Bold New Chapter" strategy. The company aims to eliminate underperforming locations and focus on its successful stores.

Nvidia's AI Leadership Shines While ON Semiconductor Faces Demand Slump: Analyst

Analyst William Stein reports on CES 2025, highlighting strong AI infrastructure spending, benefiting Nvidia and increasing target for Analog Devices.

Is a Starlink IPO Coming? - Ad

Could there be signs that a Starlink IPO is coming soon? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public.

Thousands rally across Slovakia to protest prime minister's pro-Russia policies

BRATISLAVA, Slovakia (AP) — Thousands of Slovaks took to the streets on Friday as protests against the pro-Russia policies of populist Prime Minister spread from Slovakia's capital to towns and cities across the country and abroad.

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Get Your Financial Strategy in Place for 2025 - Ad

There's still time to make smart financial moves as we enter a new year. Work with Datalign Advisory, a trusted partner who can help you optimize your plans and start 2025 on the right foot.

Consumer Tech News (Jan 6-10): Microsoft Pauses Ambitious Data Center Project, Blackstone Makes $300 Million Investment In AI & More

Melania Trump to executive produce upcoming Amazon documentary, offering rare insight into her life and influence in Donald Trump's political world. Apple unable to sell iPhone 16 in Indonesia due to content requirements. Samsung gears up for CES 2025.

Next Week: Producer prices, consumer prices, retail sales

A look at some of the key business events and economic indicators upcoming next week.

1 Thing You Must Do in 2025 - Ad

With a new year just beginning, I think every Weiss Member would be smart to do one thing to kick-start the year ...Claim a special bar of Weiss gold bullion. It's a simple investment anyone can access in their regular brokerage account with just a few clicks.

USTR warns of risks from online pharmacies in its 'notorious markets' report

BANGKOK (AP) — Nearly all of the world’s 35,000 online pharmacies are being run illegally and consumers who use them risk getting ineffective or dangerous drugs, according to the U.S. Trade Representative’s annual report on “ .” The report also singled out 19 countries over concerns about counterfeit or pirated products.

Venezuelan President Nicolás Maduro is sworn in despite credible evidence of election loss

CARACAS, Venezuela (AP) — extended his over Venezuela until 2031 when he was sworn in Friday, despite credible evidence that his opponent won the latest election and following protests against his plan to serve a third six-year term.

Wall Street's "Secret Weapon"? - Ad

Wall Street insiders are eyeing a newly listed NYSE-A IPO that is taking on a $63B opportunity. Primed to reduce Brazil's dependence on foreign potash, this stock is poised for gains.

TikTok could be banned this month. Here's what users can do to prepare

TikTok has cemented itself as a quintessential entertainment app, offering everything from funny skits and makeup tutorials to social commentary and news.

Austrian far right and conservatives reach budget accord in a step toward new government

VIENNA (AP) — Austrian far-right leader Herbert Kickl and his prospective coalition partners said Monday that they have reached an agreement to bring down the budget deficit, an important first step toward what would be the country's first post-World War II government led by the far right.

Retirement Planning for 2025 -- Act Now! - Ad

Make sure your retirement strategy is in place before 2025 rolls in. Let Datalign Advisory help you take charge of your financial future and get your ducks in a row before the year's end.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service