Unitedhealth extends credit when patients pay providers

“We're thankful to the healthcare providers and their teams that are on front lines combating COVID-19,” stated UnitedHealth Group Chief Executive Officer David S. Wichmann. “The action we're taking now will provide almost $2 billion accelerated obligations and financial aid therefore that our maintenance provider spouses can concentrate on delivering care.”

UnitedHealth Group's movement to quicken claim obligations to behavioral and medical care providers pertains to UnitedHealthcare's fully guaranteed commercial, Medicare Advantage and Medicaid organizations. Other financial aid now contains the provision for upto $125 million in small enterprise loans into clinical operators together with whom OptumHealth continues to be headquartered. “I applaud UnitedHealthcare's activities to boost the liquidity of their health system throughout those very hard times for maintenance providers, especially those coping with all the substantial financial consequences due to this outbreak,” explained Sam Hazen, CEO of HCA Healthcare. “Many health systems are being forced to make very difficult decisions as a result of charge of preparing and reacting to COVID-19 in addition to the decrease or removal of optional processes, therefore steps similar to this will significantly mitigate the requirement to make a few of these conclusions “