comparemela.com

Latest Breaking News On - System integration agreement - Page 1 : comparemela.com

Federal Court Rejects FTC Challenge to Hospital Merger in Pennsylvania | King & Spalding

To embed, copy and paste the code into your website or blog: 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 less competition in the relevant geographic market. The FTC has requested the federal district court and the U.S. Court of Appeals for the Third Circuit grant a temporary injunction while it appeals the decision. If the emergency motions are denied, the merger could complete as soon as December 21, 2020.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.