Shares of Sun Healthcare Group Inc. fell Friday after the company lowered its annual profit and revenue estimates because of cuts in Medicare and Medicaid payment rates.
Senate investigators are accusing three of the nation's biggest home care providers of deliberately increasing their visits to patients to get higher payments from the government's Medicare program.
President Barack Obama says he expects Congress to vote on jobs legislation this month and plans to press legislative leaders from both parties to act quickly on the $447 billion proposal he delivered three weeks ago.
Stocks soared Thursday after applications for unemployment benefits fell to a five-month low and the government raised its estimate of how fast the U.S. economy grew this spring.
New York auditors say the state Health Department has overpaid nursing homes about $42 million in Medicaid over a 44-month period because many are not collecting money from their clients' income as required.
A group of Massachusetts community colleges has received $20 million in federal funding as part of a nationwide effort to design job training programs that provide the new technical skills workers need.