Form 8-K/A · Current Report · Filed 2024-04-24
UnitedHealth Group Provides Update on Change Healthcare Cyberattack and Service Restoration
UnitedHealth Group (NYSE: UNH) has issued an update on the ongoing Change Healthcare cyberattack, revealing that initial data sampling found files containing protected health information (PHI) and personally identifiable information (PII) affecting a substantial proportion of Americans.
- Filer
- UnitedHealth Group Incorporated UNH · NYSE
- Filed
- Accession
- 0000731766-24-000150
- CIK
- 0000731766
- Signal
- Low impactHealthcare
- Source
- Official filing on sec.gov ↗
Details
While no evidence of exfiltration of full medical histories has been found, the company is providing support and robust protections to potentially impacted individuals. A dedicated call center and website have been established for support, and the company continues to work with law enforcement and regulators. Change Healthcare has made strong progress in restoring services, with pharmacy services and medical claims processing nearing pre-incident levels, and payment processing at approximately 86% of pre-incident levels. Other services are being restored on a rolling basis. The press release providing these details is furnished as Exhibit 99.1.
Items reported
Financial Statements and Exhibits
Market reaction
Close before filing
$486.18
Next session
+1.6%
Since filing
-14.8%
Latest close
$414.40
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from UNH reporting the same item, with the next session's move:
Exhibits (1)
About UnitedHealth Group Incorporated
UnitedHealth Group Incorporated is a diversified healthcare company offering a broad spectrum of health-related services and products. As one of the largest players in the healthcare industry, its primary function is to provide services through its two distinct platforms: UnitedHealthcare, responsible for providing healthcare benefits, and Optum, which provides health services through technology and information. UnitedHealth Group impacts numerous sectors including insurance, healthcare services, and pharmaceuticals, working closely with government agencies, employers, and individual consumers. With its prominent market presence, the company influences healthcare policy and innovation, striving to improve overall community health outcomes and manage healthcare costs effectively. Based in Minnetonka, Minnesota, UnitedHealth’s significant contributions to healthcare make it an essential component of the Dow Jones Industrial Average, reflecting its influence in both the healthcare sector and the broader market.
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