FTC To Challenge Pa. Hospital Merger Over Antitrust Worries

Law360, New York (November 16, 2012, 7:27 PM EST) -- The Federal Trade Commission said Friday that it intends to file an antitrust lawsuit challenging Reading Health System's proposed acquisition of Surgical Institute of Reading LP, saying it will increase health care costs and reduce quality of care for employers and residents.

The complaint will be filed next week in the Eastern District of Pennsylvania and seeks a preliminary injunction that would block the transaction, the commission said. An administrative complaint has also been filed challenging the legality of the deal, according to the regulator....
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