Becker's Healthcare November 26, 2024
Terre Haute, Ind.-based Union Health has withdrawn its certificate of public advantage agreement for its proposed merger with Terre Haute Regional Hospital, a 278-bed facility operated by Nashville, Tenn.-based HCA Healthcare.
Union Health pulled its COPA application — initially filed in September 2023 — just nine days before the state was set to make a final decision on the transaction.
The health system plans to resubmit a COPA application for the acquisition of Terre Haute Regional, according to local news outlet WTHI 10. The review process of a COPA document takes the state 120 days to complete.
The move comes amid community backlash and federal scrutiny around the potential antitrust concerns that the transaction could have created...
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