After a three-day hearing, which began Feb. 1, U.S. District Judge Frederick Kapala has ordered the two hospitals not to complete their merger, pending an administrative trial by the FTC in Washington, D.C. That trial is set for April 17.
According to the report, Judge Kapala said the FTC presented a “compelling” case that the proposed merger would violate antitrust laws and hurt competition for hospital services in the Rockford market.
More Articles on OSF Healthcare, Rockford Health Merger:
FTC Challenge of OSF, Rockford Health Acquisition Heads to D.C.
Hearing on FTC’s Challenge of Rockford Health, OSF Merger Begins
OSF Healthcare, Rockford Health Plan to Appeal FTC’s Challenge Against Acquisition
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.
