The Federal Trade Commission has approved a proposed divestiture by Virginia-based health care company Carilion Clinic. Under a December 2009 settlement with the FTC, Carilion must divest a medical imaging center and an outpatient surgical center in Roanoke, Virginia, to FTC-approved buyers. That settlement resolves charges that Carilion’s ac. quisitions of the centers were illegal […]
Tag Archives: Health Care Hospitals and Clinics Competition
Bureau of Competition Director Issues Statement on FTCs Closure of its Investigation of Consummated Hospital Merger in Temple, Texas
Richard Feinstein, Director of the Federal Trade Commission’s Bureau of Competition, has issued a statement on the agency’s decision to close its investigation into a consummated hospital merger in Temple, Texas. The Bureau is issuing this statement in the interest of transparency, to explain the unique circumstances of this case, and to commend staff and […]
Commission Order Restores Competition Eliminated by Carilion Clinics Acquisition of Two Outpatient Clinics
Carilion Clinic, a Virginia-based health care company, has agreed to sell two independent outpatient medical clinics it acquired last year to settle Federal Trade Commission charges that the acquisitions were anticompetitive and violated federal law. In July 2009, the FTC issued an administrative complaint challenging Carilion Clinic’s 2008 acquisition of an outpatient imaging center and […]
FTC Challenges Carilions Acquisition of Outpatient Medical Clinics
The Federal Trade Commission has issued an administrative complaint challenging Carilion Clinic’s 2008 acquisition of two outpatient clinics in the Roanoke, Virginia, area. Prior to the acquisition, the Center for Advanced Imaging (CAI) and the Center for Surgical Excellence (CSE) had strong reputations for offering high-quality care and convenient services at prices much lower than […]
FTC Approves Order Dismissing Administrative Complaint Against Inova Health System Foundation and Prince William Health System, Inc.
Commission approval of order dismissing administrative complaint – The Commission has approved an order dismissing its administrative complaint against Inova Health System Foundation (Inova) and Prince William Health System, Inc. (PWHS) without prejudice, as the respondents publicly announced their mutual decision to terminate the proposed acquisition agreement. Accordingly, the most important elements of the relief […]
FTC Approves Order Dismissing Administrative Complaint Against Inova Health System Foundation and Prince William Health System, Inc.
Commission approval of order dismissing administrative complaint – The Commission has approved an order dismissing its administrative complaint against Inova Health System Foundation (Inova) and Prince William Health System, Inc. (PWHS) without prejudice, as the respondents publicly announced their mutual decision to terminate the proposed acquisition agreement. Accordingly, the most important elements of the relief […]
Statement of FTC’s Bureau of Competition regarding Inova Health System’s Announced Withdrawal of Plans to Merge with Prince William Health System
After a thorough investigation, the FTC filed a complaint in the U.S. District Court for the Eastern District of Virginia on May 12, 2008, seeking an injunction to stop the proposed combination of Inova and Prince William hospitals. The complaint alleges that the transaction would be anticompetitive and would result in higher health care costs […]
FTC and Virginia AG File Complaint in Federal Court Seeking to Block Inova Health System Foundations Acquisition of Prince William Health System
The Federal Trade Commission and the Commonwealth of Virginia filed a complaint in federal court yesterday seeking a temporary restraining order and preliminary injunction to stop Inova Health System Foundation’s (Inova) proposed acquisition of Prince William Health System (PWHS) pending a full administrative trial on the merits. The complaint, filed in the U.S. District Court […]
FTC and Virginia Attorney General Seek to Block Inova Health System Foundations Acquisition of Prince William Health System
By a unanimous vote, the Federal Trade Commission has approved a complaint challenging the proposed acquisition by Inova Health System Foundation (Inova) of Prince William Health System, Inc. (PWHS) and authorized the staff to seek a temporary restraining order and preliminary injunction in federal district court to block the deal pending a full administrative trial […]
FTC Issues Final Opinion and Order to Restore the Competition Lost in Evanston Northwestern Healthcare Corporations Acquisition of Highland Park Hospital
The Federal Trade Commission today issued its final opinion and order to restore the competition that was lost when Evanston Northwestern Healthcare Corporation (ENH) in suburban Chicago, Illinois, acquired its competitor, Highland Park Hospital. The order sets out the specific requirements for the remedy the Commission ordered in its August 2007 liability decision. In 2007, […]