RevCycle Intelligence June 21, 2022
The healthcare mergers between RWJBarnabas Health and Saint Peter’s Healthcare System and HCA Healthcare and Steward Health Care System will not proceed after FTC filed complaints against them.
Pushback from the Federal Trade Commission (FTC) has led to the termination of two proposed healthcare mergers, one in New Jersey and the other in Utah.
At the beginning of June, FTC filed complaints to block the mergers between RWJBarnabas Health and Saint Peter’s Healthcare System in New Jersey and HCA Healthcare and Steward Health Care System in Utah.
RWJ and Saint Peter’s were the first to call off their transaction. RWJ had planned to acquire Saint Peter’s, but FTC voted 5 to 0 to file an administrative complaint to block the acquisition on June...