What the Change Healthcare cyberattack means for the future of the industry

In this episode, HFMA Senior Editor Nick Hut and Policy Director Shawn Stack discuss the latest developments on the Change Healthcare cyberattack, and Joshua Corman, founder of cybersecurity organization I Am the Cavalry, shares insights on what should come next in healthcare.

Erika Grotto April 1, 2024

News Briefs: Providers face trying times  in the first month after the Change Healthcare cyberattack  

Healthcare providers struggled financially and operationally in the first 30 days after a Feb. 21 cyberattack forced the shutdown of Change Healthcare’s claims submission and payment systems, among more than  100 other applications.  As of the week of March 18, parent company UnitedHealth Group had restored Change Healthcare’s payment platform and was reporting progress in…

Nick Hut March 30, 2024

Joshua Corman unpacks the consequences of the Change Healthcare cyberattack on an HFMA podcast episode 

The February cyberattack on Change Healthcare, a unit of UnitedHealth Group, continues to cause concern and frustration for providers.a The March 25 episode of HFMA’s “Voices in Healthcare Finance” podcast featured an interview about the long-term effects with Joshua Corman, founder of I Am the Cavalry, an organization focused on cybersecurity, and former chief strategist for…

Erika Grotto March 29, 2024

Dennis Dahlen: Of Blackcats and the dark web: The value of HFMA in times of crisis 

The repercussions from the large-scale cyberattack perpetrated by ALPHV Blackcat on Change Healthcare — a company that touches one out of three patient records — likely will be felt for months, the American Hospital Association (AHA) suggests. That’s why it was so important that HFMA take a lead role in getting answers for members and…

Dennis E. Dahlen, FHFMA, MBA, CPA March 29, 2024

The FY24 HHS budget covers key programs for rural hospitals while tightening spending in some areas

The newly passed budget covering HHS during the remainder of FY24 contains notable provisions for healthcare providers. The roughly $117 billion departmental budget for the next six months was set in an appropriations bill that was passed by Congress and signed by President Joe Biden within hours of the March 22 expiration of funding for…

Nick Hut March 25, 2024

Budgeting for healthcare technology is not just a numbers game

In recent years, the healthcare industry has seen a rapid proliferation of new technologies with promising healthcare applications. This trend has created a challenge for most U.S. hospitals and health systems, given their severe budget constraints, in deciding which of these new technologies constitute the best investment options for their organizations. Add to their technology…

Liz DeForest March 25, 2024

The federal policy response to the Change Healthcare cyberattack

Note: This information is excerpted from HFMA’s running coverage of the cyberattack that disabled operations at Change Healthcare. On March 10, HHS and the Department of Labor sent a letter encouraging commercial payers to do their part to help financially strained providers nearly three weeks after the cyberattack on Change Healthcare. “Larger payers in particular…

Nick Hut March 14, 2024

How HFMA worked with members through the Change Healthcare cybersecurity breach 

Change Healthcare, a healthcare technology company owned by UnitedHealth Group, disclosed on Feb. 21 that it had fallen victim to a cyberattack, causing disruptions to several of its systems and services. According to a statement released on its website on Feb. 22, around noon EST, UnitedHealth Group confirmed the incident, stating, “At this time, we…

Shawn Stack March 4, 2024

PMMC provides organizations with the tools and the knowledge to maximize their net revenue

Learn how PMMC's revenue cycle software and services improves the financial performance of healthcare providers to have more resources devoted to patient care.

HFMA February 29, 2024

The importance of digital transformation in a fraudulent environment

In this recently conducted survey, more than 85% of responding hospital financial executives said they are somewhat concerned (65.96%) or very concerned (19.15%) about potential AI-influenced fraud, including account takeovers and eventually payment fraud.

HFMA February 29, 2024
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