The FTC has requested an extension on its deadline to submit its request to the U.S. Supreme Court.
Phoebe Putney purchased Palmyra Medical in December 2011. The Federal Trade Commission opposed the sale citing antitrust issues. The 11th Circuit Court of Appeals ruled in favor of the acquisition claiming the transaction was protected by state-action immunity and is not subject to federal scrutiny.
More Articles on Hospital Transactions:
Community Questions Possible Merger of Catholic St. Joseph Medical Center With Non-Catholic Partner
Washington Township Health Care Announces Potential Partnership With California’s St. Rose Hospital
University of Louisville Issues Detailed Request for Hospital Partner
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