"We look forward to learning more on what happened in the lead up to, and in the weeks following, the attack," said Cathy Rodgers, energy and commerce committee chair, and Morgan Griffith, chair of the subcommittee on oversight and investigations. "This hearing will help inform the committee as we continue working toward solutions that protect the health and well-being of all Americans."

UnitedHealth stock has rallied for three consecutive days since reporting first-quarter earnings and revenue early Tuesday.

UnitedHealth Group said on Thursday it had resolved an issue that had hampered processing of batches of medical claims for some customers of its technology unit, Change Healthcare. A fix has been implemented and is being monitored to ensure operability, Change operator Optum, said in a statement, before confirming the issue was resolved. A spokesperson for Optum told Reuters the incident may have affected "a small subset and customers may have already been communicated", and that the company w...

Elevance Health offered skittish investors another signal that health insurers aren’t getting hit with higher-than-expected costs, reporting results that beat Wall Street expectations. Elevance stock rose over 5% early Thursday, on track for its highest close since December 2022. The earnings may help sustain a rally that began Tuesday, when UnitedHealth released results that also came in above analysts’ projections and said healthcare expenses were running at expected rates.

A fix has been implemented and is being monitored to ensure operability, Change operator Optum, said in a statement, before confirming the issue was resolved. A spokesperson for Optum told Reuters the incident may have affected "a small subset and customers may have already been communicated", and that the company will provide more information when it has any.

UnitedHealth Group said on Thursday a service provided by its Change Healthcare unit was facing an issue receiving batches of medical claims from customers. A fix has been implemented and is being monitored to ensure operability, Optum, a unit of UnitedHealth which operates Change, said in a statement. UnitedHealth did not immediately respond to a Reuters request for comment on the severity of the issue.

(Bloomberg) -- Elevance Health Inc. raised its outlook for the year on first-quarter results that offered some relief to investors after a cyberattack against a rival roiled the health-insurance sector. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsProfit was $10

The Dow Jones Industrial Average turned higher on Wednesday, but for the second day in a row UnitedHealth Group's gains were the difference. The Dow was up 40 points, or 0.1%, in recent trading. UnitedHealth shares were up about 3%, adding 89.4 points to the Dow, according to Dow Jones Market Data.

The insurer says it has caught up on claims delayed due to the cyberattack on the clearinghouse earlier this year, and shared more details on a new primary care venture with a private equity firm.

UnitedHealth Group (UNH) breezed past the Zacks Consensus Estimate on both earnings and revenues.