The FTC announced late last month that it and the state of Pennsylvania had objected to the merger of Jefferson Health and The Albert Einstein Healthcare Network on the grounds that if consummated, the deal would reduce competition. The agency said that the merger would leave the combined system controlling 60% of the inpatient general acute care hospital services market in and around North Philadelphia, and at least 45% of that market in and around Montgomery County, according to a complaint the agency planned to file in federal court.
Sunday, March 22, 2020
Merger of Pennsylvania Inpatient Hospital Services Providers Faces Antitrust Challenge by Government
The FTC announced late last month that it and the state of Pennsylvania had objected to the merger of Jefferson Health and The Albert Einstein Healthcare Network on the grounds that if consummated, the deal would reduce competition. The agency said that the merger would leave the combined system controlling 60% of the inpatient general acute care hospital services market in and around North Philadelphia, and at least 45% of that market in and around Montgomery County, according to a complaint the agency planned to file in federal court.
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