The agency submitted a report to the Tennessee Department of Health Jan. 5 urging the commissioner to reject the health systems’ application to merge. The agency maintains the proposed merger would “harm the public by removing competition,” according to the article.
Members of the FTC also stated their opposition to the proposal at numerous public hearings on the issue last year.
The health systems released a joint statement acknowledging they received a copy of the FTC’s latest comments and plan to submit a response to the department of health, according to the article.
The state commissioner of health has until Jan. 20 to decide on the issue.
More articles on transactions and valuations:
11 healthcare transactions in 2016 with $600M+ price tags
Keokuk Health Systems, UnityPoint Health to formalize affiliation
University of Miami Health System to manage, provide services at 17 Walgreens clinics
