Photo credit: gpointstudio/Shutterstock.com Philadelphia Hospital Merger Not Anti-Competitive, Rules Federal Judge in Denying FTC From Blocking It
Judge Gerald Pappert said the southeastern Pennsylvania market was already highly consolidated among health insurers and that the FTC overstated Jefferson and Einstein's share of it.
December 11, 2020 at 07:39 PM
6 minute read
A lawsuit by the Federal Trade Commission to block the proposed merger between Thomas Jefferson University and the Albert Einstein Healthcare Network in Philadelphia, on grounds it was anti-competitive and violates Section 7 of the Clayton Act, was dismissed by a federal judge.
On Dec. 8, U.S. District Judge Gerald J. Pappert of the Eastern District of Pennsylvania said the combined entity does not pose a threat to competition, nor would it result in insurers having less pricing power.
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