Weekly News Wire | March 25, 2020
FTC Blocks Merger Between Philadelphia Hospitals To Prevent Consolidation In The Inpatient Rehabilitation Market
On February 27, 2020, the Federal Trade Commission (FTC) issued an administrative complaint and authorized a federal court action to block the proposed merger of Jefferson Health and Albert Einstein Healthcare Network, which is projected to affect 70% of the inpatient acute rehabilitation (IRF) services market in the Philadelphia, Pennsylvania area. Collectively, Jefferson and Einstein operate six of the eight IRFs in the Philadelphia area in and around Einstein’s flagship Moss at Elkins Park facility.
The two organizations are academic medical centers that both provide inpatient general acute care hospital services and inpatient acute rehabilitation services in Philadelphia County . . .
Want To Read More? Log In Or Become A Paid Member