Rochester, Minn.-based Mayo Clinic's new multi-billion economic development initiative goes beyond vying for more patients — it's a strategy to make Minnesota a global hub for healthcare, according to a Minnesota Public Radio report.

Talks between California Pacific Medical Center and San Francisco city officials are nearing an agreement over a proposed $2.5 billion construction project to build a new facility and rebuild an existing one, according to a report by the San Francisco…

Mayo Clinic in Rochester, Minn., has announced a $5 billion economic development initiative called Destination Medical Center to secure Minnesota's status as a global medical destination center in the future.

President Barack Obama spoke Monday at 1:30 p.m. — with just hours left before the midnight fiscal cliff deadline — to say lawmakers were inching closer to a deal that would prevent automatic tax hikes from hitting 98 percent of…

After a meeting with Congressional leaders last week to reach a bipartisan budget agreement, President Obama said if no deal were reached, he would ask Senate Democrats to put a stopgap bill on the floor that would do something, though…

Congressional leaders of both parties will meet at the White House Friday afternoon with President Barack Obama to discuss potential common ground in crafting a deal to avert the "fiscal cliff," which would take place in four days, according to…

Investors in Hartford, Conn.-based health insurer Aetna, including the New York State comptroller, have asked the company to release its political spending activity, according to a report from the Hartford Courant.

The Mount Sinai Medical Center in New York City announced the renaming of the Mount Sinai School of Medicine as the Icahn School of Medicine at Mount Sinai in honor of Trustee Carl C. Icahn.

Duke Realty, a nationwide real estate investment trust specializing in the ownership, management and development of industrial facilities, medical office properties and suburban office buildings, has acquired two portfolios of premium medical office assets totaling 1,536,000 square feet.

Portland, Ore.-based Legacy Health may embark on a 10-year expansion project which would include a new patient tower, according to a Portland Business Journal report.