The healthcare facilities REIT's largest tenant may be able to pay its back rent.
UnitedHealth Group said on Wednesday it has advanced more than $3.3 billion in loans to care providers impacted by a cyberattack on the U.S. healthcare conglomerate' tech unit last month. Earlier this month, UnitedHealth launched a temporary funding program for providers after a ransomware attack on Feb. 21 on Change Healthcare delayed their insurance claims processing, causing a severe cash crunch for them. The largest U.S. health insurer said the providers will get 45 business days to pay back the loan.
Earlier this month, UnitedHealth launched a temporary funding program for providers after a ransomware attack on Feb. 21 on Change Healthcare delayed their insurance claims processing, causing a severe cash crunch for them. The largest U.S. health insurer said the providers will get 45 business days to pay back the loan. UnitedHealth has given more than 40% of the $3.3 billion to so-called safety net hospitals and federally qualified health centers serving high-risk patients and communities.