Elizabeth Holmes, the embattled CEO of blood testing company Theranos, will not be allowed to own or operate a blood testing laboratory for two years.

The U.S. government has suspended new enrollment in Cigna Corp’s Medicare Advantage health plans for seniors and standalone Medicare prescription drug plans, citing noncompliance in its appeals and grievances procedures. The government said Cigna had deficiencies in its appeals and grievances processes in both Medicare Advantage and the Medicare prescription drug program, according to a […]

Medicare wants to start paying hospitals fixed amounts for hip and knee replacements, rather than letting providers bill individually for each surgical and recovery service provided to older Americans, health officials said Thursday. The proposal, which would apply to two of the most common procedures for Medicare beneficiaries, is another step by the Obama administration […]