DOJ Says $475M Highmark Merger Won't Snuff Competition

Law360, New York (April 10, 2012, 5:08 PM EDT) -- The U.S. Department of Justice has closed a probe into health insurance company Highmark Inc.'s proposed $475 million tie-up with the Pittsburgh region's second-largest hospital network and concluded that the deal isn't likely to stifle competition, the DOJ's Antitrust Division said Tuesday.

The “affiliation agreement” between Highmark — the region's dominant health insurer — and West Penn Allegheny Health System probably will not reduce competition in the markets for hospital, physician or health insurance services, according to the DOJ.

The agreement, announced in June and formalized...
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