Cyberattack Costs UnitedHealth $2.45B Against Profitable Q2

Cyberattack Costs UnitedHealth $2.45B Against Profitable Q2

UnitedHealth Group—the parent company of Change Healthcare, which is still reeling from a massive data breach in February—raised its forecast regarding the financial impact of the cyberattack to as much as $2.45 billion on the year. That’s more than double its previous estimate. Meanwhile, UnitedHealth reported Q2 profits of $4.2 billion and revenue increases of nearly 7%, according to Healthcare Dive. After input from federal officials a few weeks ago, the company was put on-task …

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