DOJ Files Proposed Settlement to Resolve Challenge to Geisinger Health’s Partial Acquisition of Evangelical Community Hospital
By EsqSocial Corporation 25/03/21
On March 3, 2021, DOJ filed a proposed settlement to resolve its lawsuit challenging Geisinger Health’s (Geisinger) partial acquisition of Evangelical Community Hospital (Evangelical). DOJ filed a complaint against the two hospital systems (collectively, the Defendants), both located in central Pennsylvania, in August 2020, alleging the partial acquisition agreement (the Agreement) created substantial financial entanglements and reduced the hospitals’ incentives to compete aggressively....
By: King & Spalding