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Healthcare providers from across the sector were also in attendance and voiced their concerns about the ongoing financial and operational impacts of the Change cyberattack. [60] [61] As of April 16, 2024, UnitedHealth Group had advanced payments of over $6 billion in assistance to health care providers affected by the cybersecurity attack. [62]
Audax is later rebranded as Rally Health. April 2015: Optum acquires MedExpress, an urgent care and preventative services company. [9] July 2015: Catamaran, a pharmacy benefit manager, joins OptumRx. [3] Jan. 2017: Optum acquires Surgical Care Affiliates, an ambulatory surgery center and surgical hospital provider. [10] Aug. 2017: Optum ...
Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health care company by revenue. The company is ranked 8th on the 2024 Fortune Global 500. [4] UnitedHealth Group had a market capitalization of $460.3 billion as of December 20, 2024.
Nine members of Congress and U.S. Senator Elizabeth Warren expressed their concerns regarding the potential buyer of eight Massachusetts hospitals.
Under the latest extension terms, UnitedHealth's Optum unit, which offers healthcare data analytics services, will pay a $650 million fee to Change if the deal is not completed due to the court's ...
The cyberattack on Feb. 21 paralyzed Change Healthcare, which is used by hospitals, doctors' offices, and pharmacies to process payments and prior authorizations for patient visits and prescriptions.
In 2015, Advocate Health Care and SCA entered a joint venture to acquire and develop a surgery center network. Advocate Health Care was the largest fully integrated healthcare delivery system in the state of Illinois; the partnership currently has a total portfolio of 15 surgery centers, with more in development. [24]
As of Monday, Change posted an update saying the company took action to disconnect as soon as the threat was identified, and "that Optum, UnitedHealthcare and UnitedHealth Group systems have not ...