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
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
Buckeye broadband supports cspan is a Publi Service along with these other Television Providers giving you a frontrow seat to democracy. Unitedhealth group ceo andrew witty testified before the Senate Finance committee about the impact of the recent cyber attack on healthcare, a subsidiary of United Health group that disrupted the payment and claims process for providers did he apologize for the chaos resulting from the cyber attack. 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 ind
I bring the subcommittee to order. A great deal has changed since our last hearing. They are finally acknowledging oracle Electronic Health record systems not fully functional and not suitable in any other facility. After nearly three years across the board despite the mounting consequences to better than safety, staff burnout and billions of dollars wasted, secretary mcdonagh have become realistic about the future of this illconceived project. Thats encouraging. What has been painful and very expensive to watch this disaster unfold its been frustrating to argue and plead with the va not to march off the cliff only to be ignored or stonewalled. Thankfully the department is now listening to what veterans and its own employees and this committee have been saying for so long. It is far past time to look under the hood and see if it can be fixed and whether progress is even being made. But be assured thats exactly what we are about to do. We are here today to take an indepth look at one pa
I bring the subcommittee to order. A great deal has changed since our last hearing. They are finally acknowledging oracle Electronic Health record systems not fully functional and not suitable in any other facility. After nearly three years across the board despite the mounting consequences to better than safety, staff burnout and billions of dollars wasted, secretary mcdonagh have become realistic about the future of this illconceived project. Thats encouraging. What has been painful and very expensive to watch this disaster unfold its been frustrating to argue and plead with the va not to march off the cliff only to be ignored or stonewalled. Thankfully the department is now listening to what veterans and its own employees and this committee have been saying for so long. It is far past time to look under the hood and see if it can be fixed and whether progress is even being made. But be assured thats exactly what we are about to do. We are here today to take an indepth look at one pa