UnitedHealth's stock is plunging on higher medical costs. That may mean trouble for more insurers – CNBC
UnitedHealth GroupShares sank 20% on Thursday after the company cut its annual profit forecast. According to some Wall Street analysts, these darkness stems from the healthcare giants considered the innate of the insurance industry, which could be a warning sign for other companies with so-called Medicare Advantage plans. It comes after turbulent 2024 for health […]
UnitedHealth's Change to process $14 billion in medical claims as services come online – Yahoo Finance
(Reuters) – UnitedHealth Group said on Friday that more than $14 billion in medical claims will soon be transferred to its division as multiple services that process medical claims are gradually brought online in the coming weeks following last month’s cyberattack. He said he expects it to start flowing through Change Healthcare. The Feb. 21 […]
Outages from cyberattack at UnitedHealth's Change Healthcare extend to seventh day as pharmacies deploy workarounds – CNBC
Change Healthcare provides tools for payment and revenue cycle management, and its outage disrupted operations at pharmacies and health systems across the country. UnitedHealth announced late Monday night that more than 90% of its pharmacies nationwide have set up a modified electronic claims processing workaround, and the remaining pharmacies have set up offline processing systems. […]