FTC Clears ProMedica Divestiture of St. Luke’s

The Federal Trade Commission has approved ProMedica Health System’s divestiture of its former rival, St. Luke’s Hospital, under the provisions of an agency order that was unsuccessfully challenged in court.

The divestiture will restore St. Luke’s to its status as an independent, standalone community hospital serving the Toledo, Ohio area. The FTC sought public comment before its final action19 MALR 709, 5/9/16, 110 ATRR 556, 5/6/16, 86 Antitrust & Trade Regulation Daily, 5/4/16, 25 HLR 633, 5/5/16, See previous story, 05/04/16, 22 HPPR 19, 5/11/16.

In 2012, the commission ruled that ProMedica’s acquisition of St. Luke’s was likely to substantially lessen competition and increase prices for general acute-care inpatient hospital services and inpatient obstetric services sold to ...