UnitedHealth Group has paid more than $3 billion to providers following cyberattack [CNBC]
Palo Alto Networks, Inc. (PANW)
Last palo alto networks, inc. earnings: 2/24 04:15 pm
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Source: CNBC
week , bringing the total amount of funds advanced to more than $3.3 billion , the company said on Wednesday. UnitedHealth, which owns Change Healthcare, discovered in February that a cyber threat actor had breached part of the unit's information technology network. Change Healthcare processes more than 15 billion billing transactions annually, and one in every three patient records passes through its systems, according to its website. The company disconnected the affected systems “immediately upon detection” of the threat, according to a filing with the SEC. The interruptions left many health-care providers temporarily unable to fill prescriptions or get reimbursed for their services by insurers. Many health-care providers rely on reimbursement cash flow to operate, so the fallout has been substantial. Smaller and mid-sized practices told CNBC they were making tough decisions about how to stay afloat. A survey published by the American Hospital Association earlier this month fo
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PANW
Earnings
- 2/20/24 - Beat
PANW
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/9/24 - Form 4
- PANW's page on the SEC website