Implications Of FTC Victory In Health Centers Acquisition
January 11, 2013, 1:02 PM EST
Law360, New York (January 11, 2013, 1:02 PM EST) -- Just three days after the Federal Trade Commission, jointly with the Pennsylvania attorney general, issued an administrative complaint challenging the Reading Health System’s (RHS) proposed acquisition of the Surgical Institute of Reading LP (SIR), a 15-bed surgical specialty center, both entities abandoned the proposed acquisition, citing the high costs associated with a protracted court battle with the government.
This FTC victory provides more valuable insight into how antitrust enforcement agencies are evaluating the increasing number of consolidations within the health care industry, particularly after passage of...
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