Antitrust NewsWatch: FTC orders hospital group to unwind mergers | TheDeal.com

Monday, October 24, 2005

FTC orders hospital group to unwind mergers | TheDeal.com

"The FTC brought the case against Evanston Northwestern Healthcare Corp. after determining that the purchase of Highland Park Hospital resulted in increased costs to consumers and 'substantially lessened competition' in the local market for general acute inpatient services. While the divestiture of a single hospital 'purchased by Evanston for $200 million' isn't likely to cause shock waves through the healthcare industry, a government-ordered sale is significant because it demonstrates clear willingness on the part of antitrust regulators to unwind previously approved deals if harm to consumers is later demonstrated."
TheDeal.com - FTC orders hospital group to unwind mergers