UnitedHealth says Change Healthcare cyberattack cost it $872 million

UnitedHealth says Change Healthcare cyberattack cost it $872 million

Apr 16, 2024 by CBS News

Key Facts

  • Edited By Anne Marie Lee Updated on: April 18, 2024 / 10:30 AM EDT / CBS News Massive health care cyberattack hits providers Health care providers struggle as cyberattack on UnitedHealth Group's subsidiary takes toll 02:24 A cyberattack earlier this year against a UnitedHealth Group subsidiary has proved costly for one of the nation's largest employers.
  • Those unfavorable effects refer to the February 21 cyberattack on Change Healthcare, which shut down operations at hospitals and pharmacies for more than a week.
  • The $872 million includes "the Change Healthcare business disruption impacts and exclude the cyberattack direct response costs," which likely excludes any amount UnitedHealth may have paid to hackers in ransom.
  • Doctor describes devastating effects of UnitedHealth cyberattack 02:22 A study published in May 2023 in JAMA Network Open examining the effects of an attack on a health system found that waiting times, median length of stay, and incidents of patients leaving against medical advice all increased.

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