Healthcare DIVE November 27, 2024
Union Health said it would submit a new Certificate of Public Advantage application to try to acquire Terre Haute Regional Hospital.
Dive Brief:
- An Indiana health system withdrew its Certificate of Public Advantage application to acquire a competing hospital on Monday, months after the deal was criticized by federal regulators for potentially raising prices and worsening health outcomes for patients.
- Union Health said it still wants to buy Terre Haute Regional Hospital, located about five miles away from its main facility on the state’s western border, under a COPA — a controversial mechanism that allows mergers to go through that might otherwise violate antitrust law.
- The providers pulled the current application “to allow time for Union Health...
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