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A Reinvigorated FTC: Key Updates on Antitrust Enforcement in the Health Care Sector | Faegre Drinker Biddle & Reath LLP

A Reinvigorated FTC: Key Updates on Antitrust Enforcement in the Health Care Sector | Faegre Drinker Biddle & Reath LLP
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Scrapped Sentara-Cone merger won't slow merger movement

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Sentara Healthcare and Cone Health represent the latest in a series of scuttled merger proposals, but it isn t expected to slow M&A activity, industry observers said.
Sentara and Cone abandoned their plans Wednesday to build a more than $11 billion system spanning North Carolina to Virginia amidst internal opposition as well as criticism from community members and state regulators. Around a dozen proposed mergers between relatively healthy not-for-profit systems haven t closed over the past three years as doctors have protested and regulators have become increasingly wary of consolidation.
I do think it s reflective of this new attitude toward consolidation in healthcare where more than ever, enforcers are suspicious of systems that are growing and skeptical of the benefits they claim they ll bring, said Ken Field, an attorney with Jones Day who works on healthcare antitrust and competition issues. It s almost as if we re starting from a position of di ....

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Piedmont to buy 4 Georgia hospitals from HCA in $950M deal

Piedmont to buy 4 Georgia hospitals from HCA in $950M deal
May 3, 2021
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ATLANTA (AP) One of Georgia s largest hospital systems is seeking to get getting bigger, buying two hospitals in Macon, one in Cartersville and one in Snellville for $950 million.
Piedmont Healthcare announced the purchase Monday from HCA Healthcare. The move would give Piedmont 15 acute care hospitals statewide, as it jockeys with other major Atlanta-area health systems for size and market power.
If regulators approve, Piedmont would buy 310-bed Eastside Medical Center in Snellville, 310-bed Coliseum Medical Centers and 103-bed Coliseum Northside in Macon, and 119-bed Cartersville Medical Center. The deal also includes two inpatient psychiatric hospitals, one in Macon and one in Snellville. ....

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GT Newsletter | Competition Currents | April 2021 | Insights

In this Issue:
United States
1.
FTC abandons challenge to Philadelphia hospital merger.
On March 1, 2021, the FTC, suffering its first loss in a hospital merger challenge since 2016, voted 4-0 to end its effort to stop the proposed $599 million merger of Philadelphia-area health care systems Jefferson Health and Albert Einstein Healthcare Network. The FTC’s decision comes about a month and a half after the Pennsylvania Attorney General’s office dropped out of the joint challenge.
The FTC challenged the merger on the basis that it would hurt competition in the Philadelphia-area health care market, and after a defeat at the district court, told the appellate court that the judge had applied “faulty economic reasoning.” The FTC alleged that a combined network would control over 60% of the market for inpatient general acute care services in and around North Philadelphia and at least 45% of the market for those services in and around Montgomery County. The ....

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GT Competition Currents April 2021: United States and Mexico

Thursday, April 8, 2021
Federal Trade Commission (FTC)
On March 1, 2021, the FTC, suffering its first loss in a hospital merger challenge since 2016, voted 4-0 to end its effort to stop the proposed $599 million merger of Philadelphia-area health care systems Jefferson Health and Albert Einstein Healthcare Network. The FTC’s decision comes about a month and a half after the Pennsylvania Attorney General’s office dropped out of the joint challenge.
The FTC challenged the merger on the basis that it would hurt competition in the Philadelphia-area health care market, and after a defeat at the district court, told the appellate court that the judge had applied “faulty economic reasoning.” The FTC alleged that a combined network would control over 60% of the market for inpatient general acute care services in and around North Philadelphia and at least 45% of the market for those services in and around Montgomery County. The FTC alleged that the defendants ....

New York , United States , Montgomery County , United Kingdom , San Antonio , San Francisco , Ruben Villarreal , Michael Wibracht , Macon Warner Robins , Laurel Beeler , Vanita Gupta , Kennethm Karas , Michael Angelo Padron , Ryan Hee , Atrium Health Navicent Inc , Gray Line New York Tours Inc , Us Small Business Administration , International Corruption Unit , Division San Francisco Office , Jefferson Health , European Union , International Corporation For Assigned Names , Us Army , National Association Of Boards Pharmacy , Petroleum Gas , Safe Internet Pharmacies Ltd ,