The Center for Medicare and Medicaid Services (CMS) has announced that it is reducing payments for skilled nursing facilities by $3.87 billion in fiscal year 2012.

From June 24 to July 23, small businesses grew employment by 0.2 percent, equaling an annual growth rate of 2.9 percent, with 50,000 new hires, according to the Small Business Employment Index by Intuit Inc.

Humana Inc. posted a 35 percent surge in second-quarter profit Monday, easily beating Wall Street views, as more people enrolled in the health insurer's Medicare plans while existing members made less use of its health care services.

Health Savings Accounts (HSAs) rose to more than $11.7 Billion in June according to a survey and resulting research report conducted by Devenir, an investment firm that specializes in providing investment options for HSAs.