Judge Denies FTC’s Preliminary Bid to Block Novant, CHS’ $320M Hospital Deal

Novant Health and Community Health Systems (CHS) will be permitted to consummate their contested $320 million hospital deal, though the pair still face some regulatory uncertainty following the deal’s close. On Wednesday U.S. District Judge Kenneth Bell denied the Federal Trade Commission’s bid for a preliminary injunction against the sale of two CHS hospitals in North Carolina: the 123-bed Lake Norman Regional Medical Center and 146-bed Davis Regional Medical Center.

Read the full article: Judge Denies FTC’s Preliminary Bid to Block Novant, CHS’ $320M Hospital Deal //

Source: https://www.fiercehealthcare.com/providers/judge-denies-ftcs-preliminary-bid-block-novant-chs-320m-hospital-deal

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