Indiana hospitals pull merger application after pushback over monopoly concerns – 2
Medical Xpress November 27, 2024
Two rival hospitals in Terre Haute, Indiana, pulled back their merger application on Monday, just days before the state was due to rule on the deal amid growing backlash to such medical monopolies.
The proposed merger between Union Health and Terre Haute Regional Hospital, the only acute care hospitals in Vigo County, Indiana, would have left Terre Haute’s 58,000 residents and those in the surrounding region with a single hospital operator. Although federal laws prohibit monopolies, the hospitals sought the merger under a state provision known as a “Certificate of Public Advantage” law, or COPA.
“Recognizing the COPA process is a very complex, innovative approach to improving access and quality health care for area residents, we believe it is best...