Cyberattack At UnitedHealth's Change Healthcare Hits US Pharmacies

RTTNews | vor 557 Tagen
Cyberattack At UnitedHealth's Change Healthcare Hits US Pharmacies

(RTTNews) - American Hospital Association or AHA urged healthcare facilities across the United States to disconnect from Change Healthcare, affiliated to insurer UnitedHealth Group, after the healthcare technology firm was hit by a cybersecurity attack.

Change Healthcare said in a statement that a number of its systems and services were affected by the cyber security issue since Wednesday, February 21.

In a regulatory filing on Thursday with the U.S. Securities and Exchange Commission, the company said the issues were caused by a suspected nation-state associated cybersecurity threat actor.

Change Healthcare, which provides prescription processing services, was acquired in 2022 and is now part of UnitedHealth's Optum. They provide technology services for more than 67,000 pharmacies.

Since Wednesday, Change Healthcare is providing status update, which notes that it is "experiencing a cyber security issue, and our experts are working to address the matter. Once we became aware of the outside threat, in the interest of protecting our partners and patients, we took immediate action to disconnect our systems to prevent further impact."

The latest update on Thursday said the issue is specific to Change Healthcare and all other systems across UnitedHealth Group are operational, and the disruption is expected to last at least through the day.

The AHA in its statement, said, "we recommend that all health care organizations that were disrupted or are potentially exposed by this incident consider disconnection from Optum until it is independently deemed safe to reconnect to Optum."

According to AHA, the reported interruption could have significant cascading and disruptive effects on revenue cycle, certain health care technologies, and clinical authorizations provided by Optum across the health care sector. This was due to the sector wide presence and the concentration of mission critical services provided by Optum.

The association also noted that if Optum's services remain unavailable for an extended period, organizations which utilize Optum's services should prepare related downtime procedures and contingency plans.

read more
UnitedHealth Group Affirms FY23 Outlook - Update

UnitedHealth Group Affirms FY23 Outlook - Update

While reporting financial results for the fourth quarter and fiscal 2022 on Friday, diversified health care company UnitedHealth Group, Inc. (UNH) affirmed its earnings, adjusted earnings and revenue outlook for the full-year 2023 which was established at its November 29h Investor Conference.
RTTNews | vor 963 Tagen
Taiwan Bourse May Extend Losing Streak

Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.
RTTNews | vor 10 Minuten
Singapore Shares: Resistance Expected At 4,300 Points

Singapore Shares: Resistance Expected At 4,300 Points

The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.
RTTNews | vor 37 Minuten
Malaysia Shares May See Renewed Consolidation On Wednesday

Malaysia Shares May See Renewed Consolidation On Wednesday

The Malaysia stock market on Tuesday snapped the two-day slide in which it had fallen more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau although it may head south again on Wednesday.
RTTNews | vor 1Std 2 Minuten
Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | vor 1Std 23 Minuten
South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
RTTNews | vor 1Std 40 Minuten
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | vor 2Std 40 Minuten