Health Care

IBM to Acquire Truven Health Analytics for $2.6B

International Business Machines said on Thursday it plans to acquire Truven Health Analytics, a provider of healthcare data and analytics, for $2.6 billion, marking its fourth major health data-related deal in the past year.

Pfizer's 4Q Earnings Beat, Outlook Misses

Dow component Pfizer reported an adjusted 4Q profit of $0.53 per share, topping the estimate for $0.52. Revenue for the drugmaker came in at $14 billion, also beating the estimate for $13.56 billion.

Aetna's 4Q Profit Rises

Health insurer Aetna reported a 38 percent rise in quarterly profit, helped by strong performance in its government business that sells Medicare and Medicaid plans.

States Nearing End of Medicaid Boost

The $100 billion of stimulus money that boosted funding for Medicaid will run out at the end of June, leaving states in a tough spot.