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A cyberattack on Change Healthcare compromised the protected health information of at least 100 million individuals, marking it as the largest breach at a HIPAA-regulated entity. The ransomware attack, which occurred on February 21, disrupted claims payments for numerous healthcare providers. UnitedHealth Group, which acquired Change for $13 billion, confirmed it paid a $22 million ransom in bitcoin to safeguard patient data.
Mercy has partnered with Centivo to provide a new health insurance plan for employers and employees in the St. Louis area, as its contract with Anthem Blue Cross is set to expire. This collaboration aims to enhance affordability and access to primary care, with Centivo's model reportedly saving employers 23% to 36% in total care costs. The partnership marks Centivo's 49th national collaboration and is expected to improve health outcomes by encouraging primary care visits and reducing emergency care usage.
Cigna has revived merger discussions with Humana, although they remain in the early stages and no agreement has been reached. Cigna plans to finalize the sale of its Medicare Advantage business before pursuing further deals. The Federal Trade Commission is closely monitoring healthcare mergers, having recently increased pre-merger notification requirements.
Anthem Bank & Trust
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
massive cyberattack compromises health data of 100 million individuals
United States Dollar
Change Healthcare Inc.
UnitedHealth Group Incorporated
Optum Bank Inc.
Anthem Bank & Trust
USA
Andrew Witty
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01:48 26.10.2024
mercy partners with centivo to enhance health insurance options in st louis
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USA
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Ashok Subramanian
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00:45 23.10.2024
cigna and humana revive merger talks amid regulatory scrutiny
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Cigna Corporation
Humana Inc.
UnitedHealth Group Incorporated
Anthem Bank & Trust
CVS Health Corporation
USA
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00:00 19.10.2024
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