Dive brief:
The Federal Trade Commission will no longer contest the merger between Jefferson Health and Einstein Healthcare Network, Jefferson Health said Monday. The news comes after a series of setbacks for the agency in court. The deal between the two Philadelphia suppliers is now expected to be completed within six months, Jefferson Health said in a statement. The FTC did not immediately respond to a request for comment.
Dive overview:
It was the first major hospital merger that the FTC was trying to block after a three-year lull. The previous challenge occurred in 2017 when the agency blocked Sanford Health from acquiring the Mid Dakota Clinic in North Dakota.
Late last year, a federal judge refused to issue an injunction to end the merger between Jefferson Health and Einstein Healthcare Network.
Judge Gerald Pappert of the Eastern District of Pennsylvania was not …
News Highlights Finance
- Headline: FTC drops Jefferson Health-Einstein Healthcare Network merger challenge, allowing deal to continue
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