Practice Management
A survey conducted by the American Hospital Association (AHA) from March 9-12, 2024, found that among the 1,000 hospitals responding, 94% say they are experiencing financial impact related to the Change Healthcare cyberattack that was first discovered on February 21. According to AHA, more than half of the surveyed hospitals say they are facing “significant or serious” impact. Additionally, more than 80% of hospitals say the cyberattack has affected their cash flow, and 74% of …
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On March 10, the Department of Health and Human Services (HHS) issued a letter to the entire healthcare industry regarding the massive cyberattack on UnitedHealth Group’s (UHG) Change Healthcare unit, which started on February 21. Change processes 15 billion healthcare transactions annually and has a connection to 1 in every 3 patient records, according to HHS. Its system is a clearing house for a number of critical services, such as revenue cycle, pharmacy, and clinical …
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