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Medicare Agency To End Advance Payments Following UnitedHealth Cyberattack

On Monday, the Centers for Medicare and Medicaid Services (CMS) said it plans to close the advance payments program, which has started to help some Medicare providers and suppliers affected by disruptions at UnitedHealth Group Inc‘s (NYSE:UNH) Change Healthcare technology unit. It launched the payments program in March after a hack at Change Healthcare in February by a group called ALPHV, also known as “BlackCat,” disrupted medical insurance payments across the United States. CMS said that after July 12, ...