Health care providers may be losing up to $100 million a day from cyberattack. A doctor shares the latest – By Sara Moniuszko (CBS News) / March 12, 2024
Last month’s suspected ransomware attack on a major health technology company has sent the health care system reeling — costing providers an estimated $100 million daily as payment disruptions continue, according to an estimate from First Health Advisory, a digital health risk assurance firm.
“This is by far the biggest ever cybersecurity attack on the American healthcare system ever,” Dr. Céline Gounder, a CBS News medical contributor and editor-at-large for public health at KFF Health News, said Tuesday. “This is a system, Change Healthcare, that processes medical payments and touches one out of every three patients in this country. So the magnitude of the scope of this attack is really quite large.”
Change Healthcare is a Tennessee-based company, part of the health services provider Optum, Inc. and owned by the massive conglomerate UnitedHealth Group. It first reported experiencing company-wide connectivity problems in February.
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