The Federal Commerce Fee is not going to enchantment a federal decide’s dismissal of its lawsuit that sought to dam the Jefferson Well being and Albert Einstein Healthcare Community merger, regulators advised the Pennsylvania well being programs Friday.
The FTC and Pennsylvania Lawyer Normal Josh Shapiro claimed that the transaction would stifle competitors and sure result in worth will increase after the mixed entity controls 60% of the North Philadelphia acute-care market. However regulators did not make a compelling case that insurers would not be capable to discover viable substitutes for the merged system and thus must undergo increased reimbursement price mandates, U.S. District Court docket Decide Gerald Pappert wrote.
The FTC stepped apart after Shapiro dropped his workplace’s opposition on Jan. 12. The swimsuit marked the ultimate regulatory hurdle for the transaction, which might add three acute-care hospitals and a rehabilitation hospital to Jefferson’s community to kind an roughly