The US FTC files a complaint and sues to block a proposed acquisition of two hospitals by a healthcare company (Methodist Le Bonheur Healthcare / Saint Francis)

FTC Sues to Block Proposed Acquisition of Two Memphis-Area Hospitals* Transaction would eliminate competition, increase prices, and reduce quality of care The Federal Trade Commission has filed an administrative complaint, and authorized a suit in federal court, to block the proposed $350 million acquisition by Memphis-based Methodist Le Bonheur Healthcare of two Memphis-area hospitals, known as Saint Francis, owned by Dallas-based healthcare system Tenet Healthcare Corporation. The complaint alleges

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US Federal Trade Commission, The US FTC files a complaint and sues to block a proposed acquisition of two hospitals by a healthcare company (Methodist Le Bonheur Healthcare / Saint Francis), 13 November 2020, e-Competitions November 2020, Art. N° 98094

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