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Smith & Nephew has reached a settlement with the U.S. Securities and Exchange Commission and the U.S. Department of Justice in connection with their Foreign Corrupt Practices Act investigation, according to a company news release.

Flushing (N.Y.) Hospital Medical Center and the New York State Nurses Association have agreed to a contract, averting a strike planned for today, according to a New York Daily News report.

Mergers and acquisitions among healthcare providers have picked up in recent years, driven largely by challenging operating environments and reimbursement levels that restrict capital required for upkeep and growth. At the same time, strong systems are increasingly willing to acquire…

Insurance company Aetna is suing seven California surgery centers for a billing system that the payor claims "recklessly subverts" healthcare delivery by allegedly overcharging for certain services, according to a Bloomberg Businessweek report.

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