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The Impact of Cyberattack on US Health Insurance Billing System

cyberattack, health insurance billing system, Change Healthcare, financial impact, health care providers

The health insurance billing system in the United States is stabilizing after a cyberattack on Change Healthcare, a key company, last month. Ninety-five percent of claims are now being processed, but smaller health clinics still need assistance to ensure they can continue operating. The cyberattack forced Change Healthcare to take its systems offline, affecting electronic payments and insurance claims. The company has since restored its electronic payments platform and is working on the remaining services. The financial impact of the hack is still unknown, with billions of dollars reportedly not reaching health care providers. The fallout has been felt by patients unable to get prescriptions and doctors struggling to run their practices.

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