Putting on the brakes

Carlson, Joe
October 2011
Modern Healthcare;10/10/2011, Vol. 41 Issue 41, p16
Trade Publication
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.


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