The Federal Trade Commission finalized a consent order Tuesday that requires private-equity owner Welsh, Carson, Anderson & Stowe to minimize its work with U.S. Anesthesia Partners. The order also requires Welsh, Carson to notify the agency if it plans to acquire or invest in other anesthesia or hospital-based physician practices. The FTC filed a lawsuit against Welsh, Carson and USAP in September 2023 for allegedly violating antitrust laws. In Tuesday’s order, Welsh, Carson was directed to limit its relationship with USAP in several ways, including not increasing its pro rata ownership or control of the company, forgoing any management rights, and restricting its representation on USAP’s governing board to a single member.
Read the full article: FTC: Welsh, Carson, Anderson & Stowe Must Limit Work with USAP //
Source: https://www.modernhealthcare.com/legal/ftc-us-anesthesia-partners-private-equity