Headline : UnitedHealth Group has paid more than $3 billion to providers following cyberattack

Read more from the original article on here at www.cnbc.com.

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UnitedHealth Group has paid out an additional $1 billion to providers that have been impacted by the Change Healthcare cyberattack since last week, bringing the total amount of funds advanced to more than $3.3 billion, the company said on Wednesday.

UnitedHealth, which owns Change Healthcare, discovered in February that a cyber threat actor had breached part of the unit's information technology network. Change Healthcare processes more than 15 billion billing transactions annually, and 1 in every 3 patient records passes through its systems, according to its website.

The company disconnected the affected systems "immediately upon detection" of the threat, according to a filing with the Securities and Exchange Commission. The interruptions left many health-care providers temporarily unable to fill prescriptions or get reimbursed for their services by insurers.

Many health-care providers rely on reimbursement cash flow to operate, so the fallout has been substantial. Smaller and mid-sized practices told CNBC they were making tough decisions about how to stay afloat. A survey published by the American Hospital Association earlier this month found that 94% of hospitals have experienced financial disruptions from the attack. 

Read more from the original article on here at www.cnbc.com.

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