UnitedHealth Group Establishes Temporary Assistance Program
UnitedHealth Group has set up a temporary financial assistance program for physicians and other providers who have been unable to receive payments due to a cyberattack against its technology subsidiary Change Healthcare.
The program, furnished through Optum Financial Services, allows physicians who receive payments processed by Change to apply for temporaryfunding based on prior claims volume, according to the company. The funds will need to be repaid after standard operations resume.
Change first reported the outage on Feb. 21. Last week, the company said AlphV, also known as Blackcat — a ransomware group that has targeted the healthcare industry — had taken responsibility for the attack.
Some medical groups have been unable to receive and finalize payments from insurers and patients, which could become a major cash flow challenge particularly for smaller providers.
Click here for information about Optum’s Temporary Assistance Funding Program.