Highmark Toyed With Antitrust Settlement Terms, UPMC Says
By Dan Prochilo
Law360, New York (November 15, 2013, 6:38 PM ET) -- The University of Pittsburgh Medical Center said Thursday that Highmark Inc. revised a potential settlement they reached in an antitrust suit over Highmark's acquiring a rival hospital system, and that UPMC should not have to sign the new version of the deal, which it says it had never agreed to.
Highmark recently urged a Pennsylvania federal judge to compel the medical system to accept the pact, which would settle claims stemming from Highmark's acquisition of West Penn Allegheny Health System Inc. Both parties tentatively approved the agreement...