secwatch.observer — SEC 8-K summary
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Issuer:     UNITEDHEALTH GROUP INC (UNH)
CIK:        0000731766
Form:       8-K/A
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0000731766-24-000085
Event type: cyber
Sentiment:  negative
Materiality: 0.85
Item codes: 1.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UnitedHealth Group provides timeline for restoring Change Healthcare systems after cyberattack
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- Pharmacy e-prescribing fully functional; claim submission/payment transmission available as of March 7.
- Electronic payment functionality available for connection from March 15; medical claims testing starts March 18.
- Temporary Funding Assistance Program launched; UnitedHealthcare advances funds based on historical payment levels, repayable when claims resume.
- Medicare Advantage prior authorizations for most outpatient services suspended until March 31; Part D formulary exceptions also suspended.
- Company expects to exclude principal cyberattack impacts from adjusted earnings; no other systems affected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731766/000073176624000085/0000731766-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731766/000073176624000085/unh-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000731766-24-000085

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer