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Two CHI Franciscan healthcare deals targeted by Washington state AG suit

By Jenna Ebersole ( August 31, 2017, 22:17 GMT | Insight) -- Two healthcare deals in Washington state that took effect last year have increased prices and hurt competition, the state told a US District Court in a complaint, citing public and private statements by company officials and asking for the deal to be unwound. The Washington Office of the Attorney General is seeking to undo a July 1, 2016, transaction in which CHI Franciscan Health bought the assets of Silverdale, Washington-based WestSound Orthopaedics as well as an affiliation completed Sept. 3, 2016, with The Doctors Clinic, also in Silverdale. Two healthcare deals in Washington state that took effect last year have increased prices and hurt competition, the state told a US District Court in a complaint, citing public and private statements by company officials and asking for the deal to be unwound....

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