Page 8 - Gerald Pappert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jefferson-Einstein merger moves forward as FTC steps aside Print The Federal Trade Commission will not appeal a federal judge's dismissal of its lawsuit that sought to block the Jefferson Health and Albert Einstein Healthcare Network merger, regulators told the Pennsylvania health systems Friday. The FTC and Pennsylvania Attorney General Josh Shapiro claimed that the transaction would stifle competition and likely lead to price increases after the combined entity controls 60% of the North Philadelphia acute-care market. But regulators didn't make a compelling case that insurers wouldn't be a...

Thursday, January 7, 2021 Policing hospital mergers has become a top enforcement priority among federal antitrust enforcers. In 2020 alone, the FTC sued to block three hospital transactions (Jefferson/Einstein, Methodist Le Bonheur/Tenet and Hackensack Meridian/Englewood) and submitted letters to state regulators opposing two transactions (Community/Hendrick and Community/Shannon), while the DOJ has challenged one transaction (Geisinger/Evangelical). On December 8, the FTC lost the first of its 2020 hospital merger challenges. United States District Judge Gerald Pappert denied the F...

To embed, copy and paste the code into your website or blog: On December 8, 2020, Judge Gerald Pappert in the US District Court for the Eastern District of Pennsylvania denied a request from the Federal Trade Commission (FTC) and Pennsylvania attorney general (AG) to preliminarily enjoin a proposed merger between Thomas Jefferson University (TJU) and Albert Einstein Healthcare Network (Einstein). The case was widely watched as the FTC sought to show that the combination of these two urban hospital systems would harm consumers. Background TJU and Einstein are two hospitals largely based in Phi...

To embed, copy and paste the code into your website or blog: The Federal Trade Commission’s (“FTC”) recent winning streak in its ongoing challenges of hospital and physician mergers has, at least for now, ended in a Philadelphia U.S. district court. After six days of evidentiary hearings, in a 62-page opinion, Judge Gerald Pappert denied[1] the FTC’s and Pennsylvania Attorney General’s request to preliminarily enjoin a proposed merger between Thomas Jefferson University (“TJU”) and the Albert Einstein Healthcare Network (“Einstein”). The FTC and Pennsylvania AG (together, th...

Friday, December 11, 2020 The Federal Trade Commission’s (“FTC”) recent winning streak in its ongoing challenges of hospital and physician mergers has, at least for now, ended in a Philadelphia U.S. district court. After six days of evidentiary hearings, in a 62-page opinion, Judge Gerald Pappert denied[1] the FTC’s and Pennsylvania Attorney General’s request to preliminarily enjoin a proposed merger between Thomas Jefferson University (“TJU”) and the Albert Einstein Healthcare Network (“Einstein”). The FTC and Pennsylvania AG (together, the “Government”) bro...