Medical device maker Wright Medical Group Inc. plans to buy BioMimetic Therapeutics Inc. in a $190 million cash-and-stock deal to help grow its foot and ankle business.

Cigna is poised to grow its international and commercial health coverage, and the fundamental parts of the health insurer's business are becoming stronger, according to BMO Capital.

Detroit officials have to approve a contract to evaluate pension and health care cost reductions and other deals to improve operations are needed before the state will release $10 million to the cash-strapped city.

From the South to the heartland, cracks are appearing in the once-solid wall of Republican resistance to President Barack Obama's health care law.

The board of a $23 billion health fund trying to restore its image fired its top internal watchdog, whose office has been uncovering financial losses.

The severe decline for shares of Express Scripts this month is a buying opportunity, according to Citi, which upgraded the company.

Once referred to as the "people's republic of Santa Monica" because of its socially conscious government, the Los Angeles coastal suburb now wants to find out whether its citizens are feeling groovy.

A proposed shareholder resolution filed on behalf of a group of Benedictine nuns and a union pension fund asks Citigroup's board to consider separating one or more of the bank's business units from the parent company.