Vasilios J. Kalogredis, left, and Rachel E. Lusk Klebanoff, right, of Lamb McErlane. DOJ Reaches Settlement With Central Pa. Health Care Providers in Antitrust Case
On March 3, the U.S. Department of Justice (DOJ) announced that it had reached a settlement with Geisinger Health (Geisinger) and Evangelical Community Hospital (Evangelical) that would resolve the DOJ's ongoing civil antitrust litigation challenging Geisinger's "partial acquisition" of Evangelical.
April 01, 2021 at 11:33 AM
6 minute read
On March 3, the U.S. Department of Justice (DOJ) announced that it had reached a settlement with Geisinger Health (Geisinger) and Evangelical Community Hospital (Evangelical) that would resolve the DOJ's ongoing civil antitrust litigation challenging Geisinger's "partial acquisition" of Evangelical. Among other terms, the settlement requires Geisinger to cap its ownership interest in Evangelical at a 7.5% passive interest and eliminates additional entanglements between the two competing hospitals.
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