Friday, November 13, 2020

Breaking News: FTC stops hospital purchase

 
The Daily Memphian – Truth in place.
 
 
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FTC sues to block Methodist purchase of Saint Francis
 
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Methodist Le Bonheur includes Methodist University Hospital on Union Avenue. The Federal Trade Commission is blocking Methodist’s attempt to purchase two Saint Francis Hospitals. (Patrick Lantrip/Daily Memphian)
 

Methodist Le Bonheur includes Methodist University Hospital on Union Avenue. The Federal Trade Commission is blocking Methodist’s attempt to purchase two Saint Francis Hospitals. (Patrick Lantrip/Daily Memphian)

Federal agency says proposed acquisition would substantially reduce competition and health care costs would rise, according to its complaint.

 
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