Report: Delayed or missing payments increased for hospitals in first quarter
Hospitals and health systems nationwide saw a sizable increase in delayed or missing payments in first quarter 2024, according to a report released May 10 by Strata on health care performance trends.
"A recent, large-scale disruption to payment processing services contributed to the shortfall," the report notes. "Depending on the size of the hospital, estimated gaps in expected versus actual revenue ranged from 16.5% to 17.9% of payments for the first three months of 2024."
A cyberattack Feb. 21 disrupted a number of systems and services operated by Change Healthcare, a health care technology company owned by UnitedHealth Group.
Related News Articles
Headline
Federal agencies Nov. 5 issued a bulletin saying that they are aware of malicious cyber activity targeting industrial refrigeration and cold chain monitoring…
Headline
The AHA will host a webinar Nov. 3 at 1 p.m. ET to discuss the cybersecurity, compliance and operational risks that can emerge when end-of-life technology is…
Headline
The Department of Justice Oct. 13 announced a series of actions disrupting a scheme by the North Korean government that involved placing remote IT workers in U…
Headline
A joint advisory issued Oct. 20 by U.S. and international agencies warns of recent activity by the SafePay Ransomware group. The group has been active since…
Headline
Two critical vulnerabilities have been discovered in Hypertext Preprocessor, or PHP, a widely-used open-source scripted language for web development, its…
Headline
John Riggi, AHA national advisor for cybersecurity and risk, and Brett Leatherman, assistant director of the FBI Cyber Division, break down Operation Riptide,…