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CLAIM #58777 · UnitedHealth Group Incorporated (UNH) · 2024Q3 earnings call · Oct 15, 2024 · due Jun 30, 2025

we are seeing slightly higher business disruption trend going into the end of the year, and some of that will carry over.

Roger Connor · Executive

PENDING
graded after results covering Jun 30, 2025 are reported

In context

it now to Roger to give you a little more detail on just where we are on the recovery and, more importantly, on the non-change modernization aspects. Roger Connor : Thanks, Andrew, and thanks very much for the question. I think hopefully, you're going to get a sense of the confidence we feel in OptumInsight going into 2025 as we move through the change event. Maybe if I just start there, first of all, with the cyber recovery and in terms of the progress that's been going well. From a Q3 perspective, you'll see that the business disruption reduced quarter-on-quarter. I suppose where we're focused through the first half of the year has really been on the restoration of the systems, and we've made very good progress. Not really, it's all about reconnecting our customers. And as John shared, we are seeing slightly higher business disruption trend going into the end of the year, and some of that will carry over. Maybe just a couple of reasons to a little bit deeper as to why that's happening. From a reconnection perspective, customers are coming back. We're actually making good progress there. What we're seeing is the volume that's coming back isn't coming back to the pre-attack levels. And customers are really looking for vendor redundancy, what they're out there looking for is in another one or two sources of their software systems, for example. Now we understand that. We think that's a good thing for the health system, but that is having an impact on us this year. But that also creates an opportunity for us. We've got an opportunity to go out and get new customers or sales and become an additional supplier for them. So again, that's a focus. That's going to take a little bit longer, a slightly

Verify independently

SEC filings for UNH · Claim quote is verbatim from the 2024Q3 earnings call.