In February, Change Healthcare suffered a ransomware attack that disrupted its services, impacting cash flow for Medicare providers, including hospitals and pharmacies. The CMS initiated the CHOPD program to alleviate the financial strain on affected parties by distributing over $2.55 billion to Part A providers and more than $717.18 million to Part B suppliers. The swift mitigation efforts by CMS ensured the continued delivery of essential patient care amidst one of the largest cyberattacks targeting the U.S. healthcare sector. Notably, CMS has recouped most of the advance payments, and normal billing processes are now reinstated for providers.
TPRM report: https://scoringcyber.rankiteo.com/company/change-healthcare
"id": "cha424070124",
"linkid": "change-healthcare",
"type": "Ransomware",
"date": "06/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': 'Medicare providers, including '
'hospitals and pharmacies',
'industry': 'Healthcare',
'location': 'United States',
'name': 'Change Healthcare',
'type': 'Healthcare Service Provider'}],
'date_detected': 'February',
'description': 'In February, Change Healthcare suffered a ransomware attack '
'that disrupted its services, impacting cash flow for Medicare '
'providers, including hospitals and pharmacies. The CMS '
'initiated the CHOPD program to alleviate the financial strain '
'on affected parties by distributing over $2.55 billion to '
'Part A providers and more than $717.18 million to Part B '
'suppliers. The swift mitigation efforts by CMS ensured the '
'continued delivery of essential patient care amidst one of '
'the largest cyberattacks targeting the U.S. healthcare '
'sector. Notably, CMS has recouped most of the advance '
'payments, and normal billing processes are now reinstated for '
'providers.',
'impact': {'operational_impact': 'Disruption of services, impacting cash flow '
'for Medicare providers'},
'title': 'Change Healthcare Ransomware Attack',
'type': 'Ransomware Attack'}