Hospital Mergers: Two Conclude, One Merger Abandoned
Tuesday, March 9, 2021 Deal activity in the trillion-dollar U.S. patient-care industry has been hardy, despite projections that the pandemic might have slowed things down. That means the federal government is also busy scrutinizing hospital M&A. The Department of Justice dropped its challenge of a Pennsylvania hospital system deal this month when the buyer agreed to cap its ownership of the seller. Also this month, two Georgia healthcare systems gave up their planned merger in the face of a Federal Trade Commission challenge, while the Commission gave the green light to another de...
Source: natlawreview.com