23Dec
Federal Court Rejects FTC Challenge to Hospital Merger in Pennsylvania
On December 8, 2020, a federal court in Pennsylvania rejected a challenge by the Federal Trade Commission (FTC) and the State of Pennsylvania to block a $599 million merger of two hospital and healthcare systems in Philadelphia: the fourteen-hospital Thomas Jefferson University (Jefferson) and the three-hospital Albert Einstein Healthcare Network (Einstein). The court found that the FTC had failed to meet its burden to prove that the merger would result in an increase in prices to insurers and...
By:
King & Spalding
Source Url: https://www.jdsupra.com/legalnews/federal-court-rejects-ftc-challenge-to-67576/
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