TITLE

Putting on the brakes

AUTHOR(S)
Carlson, Joe
PUB. DATE
October 2011
SOURCE
Modern Healthcare;10/10/2011, Vol. 41 Issue 41, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the attempts of the U.S. Federal Trade Commission (FTC) to stop the acquisition of Saint Like's Hospital in Maumee, Ohio by ProMedica and challenge the proposed purchase of Palmyra Park Hospital of Hospital Corporation of America (HCA) by the Phoebe Putney Health System in the amount of 195 million U.S. dollars. Government lawyers contend that the deals would result in reducing competition and providing leverage to negotiate higher prices with private insurers.
ACCESSION #
66918428

 

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