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Hackensack Meridian Health's acquisition of Englewood would eliminate competition, says US FTC

( December 3, 2020, 20:03 GMT | Official Statement) -- MLex Summary: Hackensack Meridian Health’s proposed acquisition of Englewood Healthcare Foundation would eliminate competition and leave insurers with few alternatives for inpatient general acute care services, according to a US Federal Trade Commission complaint against the deal. According to the complaint, the merged healthcare system would control three of the six inpatient general acute care hospitals in Bergen County, New Jersey, allowing it to demand higher rates from insurers, which may result in higher insurance premiums, co-pays, deductibles, or other out-of-pocket costs for plan members.Statement follows in full. ...

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