Chief Healthcare Executive June 7, 2024
The FTC has opposed Novant Health’s purchase of two hospitals from Community Health Systems, but a federal court has approved the deal.
Novant Health has secured a favorable court ruling in its bid to buy two North Carolina hospitals from Community Health Systems.
A federal judge in North Carolina rejected the Federal Trade Commission’s bid to block Novant’s purchase of the two hospitals. In a ruling issued this week, U.S. District Judge Kenneth Bell wrote that Novant’s purchase of the two hospitals is in the best interest of the public. The judge also noted that the FTC administrative process would continue.
Novant struck a deal with CHS to buy Lake Norman Regional Medical Center and Davis Regional Medical Center in...
Today's Sponsors
Today's Sponsor