The Federal Trade Commission has signed off on Naples, Fla.-based Health Management Associates’ acquisition of Cincinnati-based Catholic Health Partners, according to a NASDAQ report.
The notice of early termination reflects the FTC’s decision to not pursue more rigorous antitrust investigation. In July, HMA and CHP announced a definitive agreement in which HMA would acquire the Mercy Health Partners system, a seven-hospital subsidiary of CHP, for $525 million.
Related Articles on Hospital Mergers and FTC Approval:
FTC Clears Pending 3-System Merger in Kentucky
Kentucky Attorney General: Hospital Merger Needs Governor, State Approval
FTC Approves Sale of MedCath’s Heart Hospital of New Mexico to Lovelace Health
