UPMC signed a letter of intent to merge with Washington Health System in June. The FTC’s proposed guidelines aim to determine how a merger affects competition and evaluate proposed mergers. The agency is accepting comments on the new guidelines until Sept. 18.
“The Biden administration has been very vocal in saying they’re going to be very aggressive in the number of challenges and in trying novel theories of potential harm,” Lauren Norris Donahue, partner and antitrust attorney in the Chicago office of K&L Gates, told the Post-Gazette. “It’s across all industries, but health care has been a focus of the Biden administration for enforcement actions.”
The financial terms of the UPMC and Washington Health System merger were not disclosed.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
