2 min read
Business

Hacker Forum Post Alleges UnitedHealth Paid Hefty Ransom to Regain Access to Stolen Data

According to a post on a hacker forum, UnitedHealth Group allegedly paid a $22 million ransom to regain access to their encrypted data. The hacker claimed that the healthcare company succumbed to the demands in order to avoid further complications.

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Business

Cyberattack on UnitedHealth causes prescription delays, prompts investigation

A recent ransomware attack has disrupted the distribution of prescriptions at a UnitedHealth entity, causing delays in patient care and potential financial losses for the healthcare company. The attack has impacted the company’s ability to fulfill prescription orders and provide essential medications to patients in a timely manner.

2 min read
Business

U.S. health system in disarray after cyberattack on UnitedHealth unit

A major cyberattack on a UnitedHealth Group unit has caused widespread disruption across the U.S. health system. The attack, which targeted the health insurance and data analytics provider, has left hospitals, doctors’ offices, and other healthcare organizations struggling to care for patients and maintain their operations.

2 min read
Business

Biden Administration Cracks Down on UnitedHealth’s Market Power in Medicare Advantage

The Biden administration’s Department of Justice has announced a new antitrust probe into UnitedHealth Group, the nation’s largest Medicare Advantage provider. The investigation will focus on allegations of anti-competitive practices and abuse of market power within the health insurance industry.

2 min read
Business

Stock prices of UnitedHealth slide amidst antitrust probe reports

Shares of UnitedHealth Group Inc. plummeted on Monday following reports of a potential antitrust investigation by the Federal Trade Commission (FTC). The health insurance giant saw its stock drop by nearly 5% in afternoon trading.

2 min read
Business

Nation State Cyberattack on Change Healthcare Causes Extended Pharmacy Outages, UnitedHealth Investigates Security Breach

Impacts on pharmacy outages drag on
The cyberattack on Change Healthcare has caused widespread disruptions in the healthcare industry, particularly in pharmacies. Many pharmacies have reported outages in their systems, leading to delays in prescription filling and other critical services. This has created substantial inconvenience for both healthcare providers and patients.