Details on the breadth of the review or how many acquisitions it will examine were not provided in the news report. The agencies are reviewing the deals to ensure compliance with the Idaho Competition Act, which promotes free marketplaces to protect consumers from higher costs and fewer choices.
Hospital spokesperson Ken Dey said, “Quite frankly, we’re not all that surprised by it,” according to the report. “We have no doubt we’ve done everything right, so we’re going to cooperate fully with everything they need,” Mr. Dey said. “We haven’t done [acquisitions] for market share. This has nothing to do…with becoming a monopoly.”
St. Luke’s medical staff grew by roughly 50 percent from June 2010 to July 2011. The system is one of Idaho’s largest employers.
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