Geisinger Health sued its affiliate AtlantiCare to prevent the New Jersey system from separating from the integrated provider, according to a complaint filed Thursday. The Danville, Pa.-based health system accused AtlantiCare, its chairman Michael Charlton and CEO Lori Herndon of plotting the separation against the terms of their 2014 agreement to acquire AtlantiCare. In August 2019, Charlton claimed Geisinger breached the terms of the agreement and said they would terminate their association, according to the complaint. Geisinger alleged that in the acquisition agreement, AtlantiCare could only leave the system if Geisinger were acquired by a religious not-for-profit health system or a for-profit system. Neither scenario has happened.
Read the full article: Geisinger Sues Affiliate AtlantiCare for Attempting to Exit System //
Source: https://www.modernhealthcare.com/legal/geisinger-sues-affiliate-atlanticare-attempting-exit-system