Lexology June 3, 2024
Following a review of University of Pittsburgh Medical Center’s (UPMC) proposed acquisition of Washington Health System (WHS), the Office of the Pennsylvania Attorney General (OAG) announced on May 30 its approval of the transaction, subject to a settlement agreement “that addresses the [OAG’s] concerns about the transaction’s potential impact on patients, staff, and the community.” UPMC is a large, vertically integrated Pittsburgh-based health system that operates 40 hospitals with 8,700 beds, as well as a health insurance arm. WHS operates two community hospitals in Washington and Greene counties in Pennsylvania and more than 40 off-site outpatient locations and physician practices. The next day, the Federal Trade Commission’s (FTC) window to challenge the transaction lapsed after the FTC concluded its own...