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
Microsoft Sept. 16 announced it had disrupted a growing phishing service that had targeted at least 20 U.S. health care organizations. The company said it used…
Headline
The FBI Sept. 12 released an alert warning of malicious activities by cybercriminal groups UNC6040 and UNC6395, which the agency said are responsible for an…
Headline
The Cybersecurity and Infrastructure Security Agency, National Security Agency and international agencies Sept. 3 released joint guidance outlining a “software…
Headline
Chinese state-sponsored cyber actors are maliciously targeting networks globally, including telecommunications, government and others, according to a joint…
Headline
FBI warns Russian cybercriminals attacking devices using Cisco software with unpatched vulnerability
The FBI Aug. 20 released an advisory warning of malicious activity by Russian cyber actors targeting end-of-life devices running an unpatched vulnerability in…
Headline
The Cybersecurity and Infrastructure Security Agency, Environmental Protection Agency, National Security Agency, FBI and international agencies Aug. 13…