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"Wheels Fall Off" FTC's Latest Hospital Merger Challenge

JD Supra: Mergers

s $320 million acquisition from Community Health Systems Inc. CHS) of two hospitals in the Lake Norman area north of Charlotte, North. District Court for the Western District of North Carolina on June 5, 2024, denied the Federal Trade Commission's (FTC) motion to enjoin Novant Health Inc.'s By: Holland & Knight LLP

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FTC Loss in Hospital Merger Shows Failing Firm Defense is Alive and Well

JD Supra: Mergers

While finding this to be the “rare case” where a hospital’s imminent failure justified its acquisition by a competitor, Judge Kenneth Bell denied the Federal Trade Commission’s motion for a preliminary injunction to enjoin Novant’s acquisition of two hospitals in the Charlotte, NC area. By: Womble Bond Dickinson

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Hospital Acquisitions in Louisiana Avoid FTC Review, for Now

JD Supra: Mergers

More hospital acquisitions may seek to avoid premerger scrutiny of the Federal Trade Commission (FTC) under the HSR Act (or any antitrust inquiry ever) if a recent federal district court decision holds up and becomes settled law. By: Manatt, Phelps & Phillips, LLP

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Louisiana’s COPA Exempts Hospital Acquisitions from Federal Antitrust Laws

JD Supra: Mergers

As explained in prior posts, the Federal Trade Commission (“FTC”) filed suit in April of this year in Federal District Court for the District of Columbia seeking to enjoin Louisiana Children’s Medical Center (“LCMC”) from continuing to integrate the three New Orleans area hospitals that it had acquired from HCA Healthcare, Inc. (“HCA”)

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[Video] Hospital M&A Trends & Strategic Considerations for 2024

JD Supra: Mergers

In this episode of "Counsel That Cares," healthcare attorney Colin Luke examines transactions for hospitals and health systems, as well as what's driving that activity across the country with hospitals and health systems, partnering, acquisitions and sales.

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FTC Voices Its Disagreement With Hospital Association in Final HSR Rule

JD Supra: Mergers

In June 2023, the Federal Trade Commission (Commission) proposed major changes to its premerger notification rules that implement the Hart-Scot-Rodino Act and impact a large swath of merger and acquisition transactions each year.

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District Court: Hospital Merger Is Exempt from HSR Filing Under State Action Doctrine

JD Supra: Mergers

A US district court judge, in a case of first impression, recently held that Louisiana Children’s Medical Center’s acquisition of three New Orleans–area hospitals from HCA Healthcare, Inc.