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Sutter Health kept its prices high through anti-competitive means and should pay 3 million insurance buyers $411 million for overcharges, their lawyer argued Wednesday at the close of a California federal antitrust trial, calling the hospital chain's contracts with insurers restrictive, "unfair," "unjust" and "illegal." ....
Jury hears final pitches in landmark antitrust trial against hospital giant courthousenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courthousenews.com Daily Mail and Mail on Sunday newspapers.
Sutter Health's former chief financial officer rejected claims that the hospital giant built up its market power to stifle competition and charge higher prices, testifying Thursday in a $411 million antitrust class action that its goal is merely to have the money to fund necessary and state-mandated improvements. ....
A lawyer representing insurance buyers in a $411 million antitrust class against Sutter Health told a California federal jury Thursday during opening remarks that the health care nonprofit has stifled competition and "gouged" millions of individuals and businesses with high prices. ....