Current location:politics >>
Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected
politics4261People have gathered around
IntroductionUnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Chang ...
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance.
The health care giant also said Tuesday that care patterns in the year’s first quarter met its expectations after soaring medical costs at the end of last year surprised Wall Street.
Company shares jumped in midday trading.
UnitedHealth said earlier this year that a ransomware group had gained access to some of the systems of its Change Healthcare business, which provides technology used to submit and process insurance claims. The attack disrupted payment and claims processing around the country, stressing doctor’s offices and health care systems.
Federal civil rights investigators are looking into whether protected health information was exposed in the attack.
UnitedHealth is still restoring several services from the February attack. It took an $872 million hit from it in the first quarter, but CEO Andrew Witty told analysts on Tuesday that the company expected to bring Change Healthcare back “much stronger than it was before.”
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/html-28d399628.html
Related articles
Hamas official says no agreement with Israel if war continues in Gaza
politicsAn official of the Palestinian Islamic Resistance Movement (Hamas) said on Sunday that the movement ...
【politics】
Read moreThese are the countries where TikTok is already banned
politicsLONDON (AP) — TikTok is in the crosshairs of authorities in the U.S., where new legislation threaten ...
【politics】
Read morePanthers trade up into first round of NFL draft, select WR Xavier Legette from South Carolina
politicsCHARLOTTE, N.C. (AP) — The Panthers gave young quarterback Bryce Young another weapon on Thursday ni ...
【politics】
Read more
Popular articles
- Nadal tested in 3
- Closing prices for crude oil, gold and other commodities
- Uma Thurman, 53, looks sensational in elegant purple gown and shiny gold jewelry as she joins A
- Scotland's under
- Convicted robber, 45, admits stabbing charity busker, 87, while riding his mobility scooter
- Jason Kelce addresses claims his Super Bowl ring was STOLEN after New Heights live show with Travis
Latest articles
Chinese scientists use machine learning for precise Antarctic sea ice prediction
Zendaya and boyfriend Tom Holland have 'discussed marriage'... eight years after meeting on Spider
Kylie Jenner is NOT pregnant with Timothee Chalamet's child and the pair are 'still dating'
Philippine police kill an Abu Sayyaf militant implicated in 15 beheadings and other atrocities
Jennifer Lopez wears Jackie O
British man charged with acting on behalf of Russia in plot to torch Ukrainian
LINKS
- Highlights of Taekwondo at 4th Asian Para Games
- Two Sessions
- Discovering Ocean's Poetic Charms
- Highlights of shooting at 4th Asian Para Games
- From masterpiece to marketplace, creative museum souvenirs go viral among Chinese youth
- Discovering Ocean's Poetic Charms
- ACWF to Step up Efforts on Protection of Women and Children's Rights, Interests
- ACWF President Presides over Symposium on Women and Children's Development in the 14th Five
- ACWF Releases Q&A E
- ACWF Stresses Women's Federations' Role in Supporting Women Talents in Science and Technology