The US DoJ sues to a block merger between a hospital system and an independent community hospital in central Pennsylvania (Geisinger Health / Evangelical Community Hospital)
Justice Department Sues To Block Geisinger Health’s Transaction With Evangelical Community Hospital* Transaction Reduces Hospital Competition in Central Pennsylvania
The U.S. Department of Justice sued today to block Geisinger Health’s partial acquisition of its close rival, Evangelical Community Hospital. The complaint alleges that the agreement fundamentally alters the relationship between the parties, raising the likelihood of coordination and reducing Defendants’ incentives to compete aggressively against each other. As a result, the transaction is likely to lead to higher prices, lower quality,
Access to this article is restricted to subscribers
Already Subscribed? Sign-in