Myriad Weakness Due To UnitedHealth Coverage Update, Says Stephens
The beginning of the change healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication. That's according to unitedhealth ceo. Stephens analyst mason carrico notes that myriad genetics (mygn) shares are down about 20% this morning, which the firm blames on an announcement from unitedhealth. Myriad genetics (nasdaq:mygn) is down ~20%in friday trading following reports that unitedhealth group (unh) will no longer cover the company's genetic test that helps to. The hack at change, a provider of health care billing and data systems and a key node in the u. s.
Evolent weakness linked to elevated medicaid mlrs at peers, says stephens. Unitedhealth downgraded to hold from buy at hsbc (earlier). A cyberattack on a unitedhealth subsidiary helped paralyze the broader u. s. Health system and raise new questions about its sweeping operations. Unh) continues to make progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the u. s.