Jeremy Hunt is to remain as Health Secretary, Downing Street said.
Earlier reports suggested Hunt had been sacked but Number 10 said new Prime Minister Theresa May had decided to keep him in the role.
Hunt joked that "reports of my death have been greatly exaggerated".
"Thrilled to be back in the best job in government," he tweeted.
'Reports of my death have been greatly exaggerated...' Thrilled to be back in the best job in Government.
Jeremy Hunt has headed in to Number 10, with an announcement on his expected new role in the Cabinet expected soon.
Reports suggested Mr Hunt, who held the the health portfolio, can expect a new position.
Jeremy Hunt appears likely to take up a new Cabinet position, according to reports.
Earlier reports suggested he had been sacked, but Number 10 dismissed the reports as pure speculation.
ITV News Westminster News Editor Samana Haq tweeted:
No10 clarify Jeremy Hunt has NOT been sacked. Another role then?
Jeremy Hunt has been sacked as secretary of state for health, according to reports.
The move is likely to please many junior doctors who have been at loggerheads with Mr Hunt over the imposition of new contracts.
However, later reports indicated Mr Hunt had not in fact been fired but would likely be given a role in the new Cabinet.
The health secretary has told MPs the government will impose a new contract on junior doctorsRead the full story ›
Jeremy Hunt will not be standing for the Tory leadership, saying "now is not the right time".
In a statement, the Health Secretary gave his support to Theresa May.
I have decided that now is not the right time for me to run for the leadership - though I remain completely committed to ensuring we secure our position as a great trading nation with sensible controls on migration.
I believe that Theresa May has the strength, judgement and values to deliver those things. She is the right choice to lead Britain in a challenging period and will make a truly outstanding Prime Minister.
Britain should have a second vote on the terms of exiting the EU if it can secure a new deal to control its borders, Jeremy Hunt has said.Read the full story ›
There has been "no coherent attempt" to understand how many staff will be needed to deliver a seven-day NHS, according to a group of MPs.Read the full story ›
Death rates at UK hospitals are higher at weekends - compared to week days - because patients tend to be more unwell, a new study has shown.Read the full story ›
Jeremy Hunt said he is sure "lessons will be learned" after a watchdog warned a scandal-hit NHS Trust is still failing to protect patients.
The Health Secretary said that most front-line care at Southern Health was excellent, but that there had been problems with leadership.
He added that he agreed with the watchdog's findings.