On Thursday, North Carolina Attorney General Josh Stein made good on his threat to sue HCA Healthcare for allegedly falling short of commitments it made to secure the purchase of Mission Health System. The 183-hospital system had purchased Mission, then a nonprofit, in 2019 under several conditions related to maintaining certain services for at least 10 years. Those came after “extensive negotiations” with Stein, who has the right under state law to review and potentially block nonprofit deals. The years since have seen a flurry of watchdog reports and antitrust lawsuits alleging that HCA had used its strengthened competitive position to raise prices along with a dip in care quality and limited patient access.
Read the full article: North Carolina AG Sues HCA Healthcare for Breaching Mission Health Purchase Agreement //