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The Journal.

The Cyberattack That’s Roiling Healthcare

The Journal.

The Wall Street Journal

Business News, News, Daily News

4.25.8K Ratings

🗓️ 14 March 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Hospitals, pharmacies and medical groups have been reeling in the wake of last month’s ransomware attack on a company widely used for insurance billing and payments. WSJ's James Rundle unpacks how the cyberattack on Change Healthcare has left thousands of providers scrambling to pay their bills and some wondering if they can keep their doors open. Further Reading: - Change Healthcare Rival Onboards Hundreds of Thousands of Customers During Hack Crisis - U.S. Health Department Intervenes in Change Healthcare Hack Crisis - UnitedHealth Aims to Restore Change Healthcare Systems Within Two Weeks Further Listening: - The Ruthless Group Behind Ransomware Attacks on Hospitals - Ransomware, a Pipeline and a Gas Shortage - Why Crypto is Key to Stopping Ransomware Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Christine Meyer is a doctor in Chester County, Pennsylvania, about an hour outside of Philadelphia.

0:11.0

She owns and operates a primary care practice. of four employees, two buildings, 30,000 active patients, 30,000.

0:27.0

Yeah, I went from, I'm never going to have my own practice to, you know, really taking care of a big swath of our community.

0:36.6

And do you have patients who have been with you that whole time?

0:40.6

Yes, I have many.

0:43.0

A few weeks ago, Christine's day was going along as normal when something went wrong.

0:49.0

It had to do with a payment processing company called Change Healthcare.

0:54.8

I'm a little embarrassed to say but it is the honest of got truth.

0:58.0

Until February 21st, if someone had said to me,

1:01.0

hey, what's Change Healthcare? I would have been like, hey, what's changed health care?

1:03.3

I would have been like, oh, that's a thing.

1:05.5

It's something we need to do.

1:07.0

I didn't realize it was a noun.

1:10.1

But apparently it is. but then February 21st, my billing manager slacked everyone and said,

1:21.4

change health care's down.

1:23.4

Hopefully it'll be back up in a few hours.

1:25.8

Like I have 20 patients to see today.

1:29.8

So I just blew right past it.

1:32.3

Christine thought this was a run-of-the-mill text-nafu.

1:35.8

But then a few hours later, her billing manager circled back.

1:40.5

She stood in the doorway of my office and she said, I'll never forget these words now as long as I live,

1:45.0

Christine, this is really bad.

...

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