Hacked health care giant makes progress in recovery, but concerns for small clinics remain

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The health insurance billing system in the United States is stabilizing following an unprecedented cyberattack on a key company last month, but smaller health clinics may still need help to ensure they can stay in business, senior Biden administration officials said Monday after meeting with health care executives.

Ninety-five percent of Change Healthcare’s health insurance claims are now being processed, the insurance billing firm that has been roiled by the Feb. 21 hack, a senior administration official told reporters in an update on the federal response to the hack. “ur real focus is making sure we don’t get to the point where there are issues with access to care,” the official said in a press call conducted on background, meaning reporters cannot cite officials by name.

Change Healthcare will release “medical claims preparation software” to thousands of customers over the next several days, the parent firm said, touting an “important step in the resumption of services.” But the full financial impact of the hack is still unknown. US officials told reporters they don’t have that data. “Billions of dollars” stopped flowing to health care providers because of the hack, according to AHA, which represents thousands of hospitals across the country.

Source: News Formal (newsformal.com)

 

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