Health Care

Florida Cases Seen as First Sign Zika Transmitted Locally in U.S.

Florida authorities on Friday reported what is believed to be the first evidence of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause rare but serious birth defects.

Cigna's Profit Misses Estimates as Medical Costs Rise

Health insurer Cigna reported a lower-than-expected quarterly profit on Friday due to a rise in medical costs in its business that sells plans under the Affordable Care Act and a loss in its disability, life and accident insurance division.

U.S. Charges Three People in $1B Medicare Fraud Scheme

Three people have been charged with conspiracy, obstructing justice, money laundering and healthcare fraud in connection with a $1 billion scheme involving Miami-based healthcare providers, the U.S. Justice Department said on Friday.

U.S. Regulators Sue to Block Insurer Mergers

The U.S. Justice Department on Thursday sued to challenge two separate health insurance mergers, Anthem Inc's purchase of Cigna Corp and Aetna Inc's acquisition of Humana Inc. Antitrust regulators are concerned about the impact that the two mergers would have on the insurance industry, as it would reduce the number of large insurers from five to three.

Partnerships Are the New M&A

Partnerships emerge as appealing alternative to M&A in midst of shifting and uncertain market environment.

Partnerships Are the New M&A

Partnerships emerge as appealing alternative to M&A in midst of shifting and uncertain market environment.