Statement from FTC’s Bureau of Competition Director Debbie Feinstein on Decision by Penn State Hershey Medical Center and PinnacleHealth System to Abandon Their Proposed Merger

“The parties’ decision to abandon this transaction preserves hospital competition in the Harrisburg area,” said Debbie Feinstein, Director of the Federal Trade Commission’s Bureau of Competition. “Had it been consummated, the merger would have likely led to lower quality and higher cost health care, at the expense of Harrisburg residents and their employers.” The Federal […]

Cardinal Health Agrees to Pay $26.8 Million to Settle Charges It Monopolized 25 Markets for the Sale of Radiopharmaceuticals to Hospitals and Clinics

In its latest action to ensure competition in the nation’s healthcare markets, the FTC announced that Cardinal Health, Inc. has agreed to resolve charges that it illegally monopolized 25 local markets for the sale and distribution of low-energy radiopharmaceuticals and forced hospitals and clinics to pay inflated prices for these drugs. The proposed stipulated order […]