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Two Pennsylvania Orthopedic Practices Settle FTC Charges That Merger Harmed Competition and Inflated Prices
An orthopedic practice in Berks County, Pennsylvania, created through a combination of six independent orthopedic practices in 2011, has agreed to settle FTC charges that the merger was anticompetitive and violated U.S. antitrust law. In its complaint against Keystone Orthopaedic Specialists, LLC, … [Read more...]
Physician Medical Group M&A Activity Drops in Q4 of 2017
Physician medical group M&A activity dropped in the fourth quarter of 2017 to 33 transactions, a 21% decline from the third quarter, according to new acquisition data from HealthCareMandA.com. However, the 33 transactions represented an 18% increase from the fourth quarter of 2016. The first … [Read more...]
Proposed North Dakota Physician Group Merger Runs in to FTC Roadblock
A North Dakota federal judge issued a preliminary injunction on Wednesday blocking a proposed merger between a pair of health care providers in the state until the matter could be reviewed at a scheduled Federal Trade Commission administrative hearing in January. The orderĀ grants a request made by … [Read more...]
Piecemeal physician practice consolidation hampers antitrust intervention
From Becker's Hospital Review: Physician practice consolidation evades federal agencies' attempts to address antitrust concerns because it occurs largely through small acquisitions or individual hires, according to a study published by Health Affairs. After reviewing claims data from 2007-13 for … [Read more...]
Notifying Your Employees When Closing or Selling Your Physician Medical Practice
When physicians close or sell a practice, some of their employees may be upset about losing their jobs and may wish to leave as soon as possible. Because it is essential to retain employees to assist in closing the practice, a physician should avoid notifying employees of the closing too far in … [Read more...]