FTC Sues Hospital Giants To Block Recent Merger
- HCA Healthcare and LCMC Health were sued by the Federal Trade Commission for their recently completed hospital acquisition deal.
- The FTC is seeking to dismantle the merger and impose penalties on the hospital systems for violating antitrust laws.
- The hospital groups argue the FTC is overstepping in trying to block the deal which has already closed.
- The lawsuit shows the FTC is aggressively scrutinizing hospital mergers that could reduce competition locally.
- The high-stakes legal battle highlights the tension between healthcare consolidation and maintaining market competition.