Cyberattack on Change Healthcare Leaves Providers Struggling with Payment Delays
Wall Street Journal
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Contributed by: Drex DeFord
Summary
A cyberattack on Change Healthcare has resulted in significant delays for medical providers in receiving payments for claims, creating cash flow issues and exacerbating financial strain. The breach disrupted operations for numerous healthcare organizations that rely on Change Healthcare's services, with many providers reporting unpaid claims and seeking alternative funding to sustain their practices. While Change Healthcare is working to restore systems and enhance security measures, the prolonged recovery has left many healthcare professionals uncertain and concerned about the future of their financial stability. This incident underscores the critical need for improved cybersecurity in the healthcare sector.
