Ransomware Attack on UnitedHealth's Subsidiary Causes Major Healthcare Disruptions

The U.S. Department of Health and Human Services investigates the unprecedented cyberattack, highlighting the healthcare sector's vulnerability.

The ransomware attack on UnitedHealth's Change Healthcare subsidiary last month has caused significant disruptions, delaying hundreds of millions of dollars in payments to hospitals, medical providers, and pharmacies.
The U.S. Department of Health and Human Services has launched an investigation into the cyberattack due to its unprecedented magnitude.
Medical records on the dark web sell for $60, highlighting the value of healthcare data to cybercriminals and the sector's vulnerability.
The cyberattack is costing hospitals $2 billion a week in cash flow, with a total of $6.3 billion in delayed payments to hospitals between Feb. 21 and March 9.
Providers are struggling to collect payments for medical services, with bad debt on commercial insurance claims reaching 1.8%.