Health Care

Theranos CEO: We're Working to Address Problems

The chief executive of the embattled blood testing company said the privately held firm is working diligently to rectify all of its outstanding issues involving its product and laboratory operations.

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.