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AI Opportunities, Cyber Vulnerabilities Define UnitedHealth's Latest Earnings
UNHUnitedHealth(UNH) PYMNTS.com·2024-07-16 15:39

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack.Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the impact of the Change Healthcare attack is still ongoing, with its related costs continuing to snowball to over a billion dollars to date, with expectations of the attack’s fallout on UnitedHealth’s bottom line for the full fiscal year topping $2.3 billion.Change provides technology used to submit insurance claims, ...