Two rival hospitals in Terre Haute, Indiana, withdrew their merger application amidst backlash just before the state was set to rule. The proposed merger between Union Health and Terre Haute Regional Hospital would have created a medical monopoly in the county and left residents with only one hospital operator. The hospitals sought the merger under a state law known as a Certificate of Public Advantage, but the state had received numerous public comments and opposition from the Federal Trade Commission. The withdrawal came shortly before the deadline, and experts believe the deal was unlikely to be approved. The FTC has raised concerns about the ineffectiveness and potential negative effects of COPAs.
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Indiana Hospitals Pull Merger Application After Pushback Over Monopoly Concerns
