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Transcripts For CSPAN3 UnitedHealth 20240702

This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will come to order. This morning the finance Committee Examines the change healthcare hack that nearly brought our countrys Health Care System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other Health Care Companies and is the largest purchaser of physician practices. This corporation is a health care leviathan. I believe the bigger the company, the bigger the responsibility to protect its systems from hackers. Uhg was a big target long before it was hacked. The fbi says that th

Transcripts For CSPAN3 UnitedHealth 20240702

This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will come to order. This morning the finance Committee Examines the change healthcare hack that nearly brought our countrys Health Care System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other Health Care Companies and is the largest purchaser of physician practices. This corporation is a health care leviathan. I believe the bigger the company, the bigger the responsibility to protect its systems from hackers. Uhg was a big target long before it was hacked. The fbi says that th

Transcripts For CSPAN2 UnitedHealth 20240703

This is about two hours and 15 minutes. [inaudible conversations] [inaudible conversations] the finance committee will finance committee will come cto order. K we examined the change healthcare act that nearly brought the Healthcare System to a stand till. Joining us is mr. Andrew woody. He willcall uhg and own change healthcare. Lets put i things in prospective. They generated 324 billion in making it the fifthbillion in largest in the country. Touchedos 152 individuals across all lines of business. Insurance, home health, and pharmacy. With its profits uhg purchased dozensth of Healthcare Companies and the largest purchaser of practices. I this corporation is a healthcare i believe the bigger the company the bigger the responsibilityty to protect systems from hackers uhg was a bigd. Target long before it was hacked. The fbi said the Healthcare Industry is the number one target of er one ransomware. Y 15 billion transactions annuallh are done and third of american patient records pass

Transcripts For CSPAN2 UnitedHealth 20240703

Disrupted the payment and claims process for providers. He apologized for the chaos resulting from the cyber attack. This is about two hours and 15 minutes. In 20 [inaudible conversations] [inaudible conversations] finance committee will come to order. This morning the finance committee examined the change healthcare hack that nearly brought our countrys Healthcare System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other Health Care Companies and is the largest purchaser of physician practices. This corporation is a health care leviathan. I believe the bigger the company, the bigger the re

Transcripts For CSPAN UnitedHealth 20240703

Minutes. [inaudible conversations] [inaudible conversations] the finance committee will come to order. This morning the finance Committee Examines the change healthcare hack that nearly brought our countrys Health Care System to a standstill six weeks ago. Joining the committee is andrew witty, the ceo of Unitedhealth Group, which owns change healthcare. Ill put things in perspective. Last year, uhg generated 324 billion in revenue, making it the 5th Largest Company in the country. Overall, the company touches 152 million individuals across all lines of business, insurance, physician practice, home health, and pharmacy. With its profits, uhg has purchased dozens of other Health Care Companies and is the largest purchaser of physician practices. This corporation is a health care leviathan. I believe the bigger the company, the bigger the responsibility to protect its systems from hackers. Uhg was a big target long before it was hacked. The fbi says that the Health Care Industry is the n

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