FTC Commissioner Warns Hospital Mergers Will Be Closely Scrutinized In 2020
Federal Trade Commissioner Christine Wilson said on Thursday at a conference that the regulatory body will be monitoring potential hospital mergers more closely as part of a larger strategy of trying to improve competitiveness in the industry.
Speaking at an event hosted by the Council for Affordable Health Coverage, Wilson mentioned that the agency will be retrospectively evaluating past mergers and whether they truly managed to reduce costs as originally claimed. She also said the agency aims to give mid-level medical practitioners more flexibility in terms of [anti-competitive] practice laws and that the FTC will push to keep biosimilars available on the market.
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Source Fool.com