Becker's Healthcare September 5, 2024
The Federal Trade Commission submitted a Sept. 5 comment to the Indiana Department of Health urging it to reject an application for Terre Haute, Ind.-based Union Health to acquire Terre Haute Regional Hospital, part of Nashville, Tenn.-based HCA Healthcare.
Union Health and Terre Haute Regional have proposed to merge under a certificate of public advantage, which could protect the merger from antitrust scrutiny and lead to a deal that “would likely impose higher costs and could lead to worse healthcare outcomes for Indiana patients, as well as lower wage growth for hospital workers,” the FTC said in a Sept. 5 news release. The parties filed a COPA application to merge in September 2023.
“Union Health has worked diligently to provide...