Change Healthcare

Jul 1, 2024 1 min read
Change Healthcare

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.

Source: https://www.hcinnovationgroup.com/cybersecurity/data-breaches/news/55089844/cms-to-stop-program-that-addressed-medicare-funding-following-cyberattack

"id": "cha424070124",
"linkid": "change-healthcare",
"type": "Ransomware",
"date": "06/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

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