Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

FTC Ruling on Illinois' OSF HealthCare, Rockford Deal Expected Soon

The Federal Trade Commission's ruling on Peoria, Ill.-based OSF HealthCare's proposed acquisition of Rockford (Ill.) Health System is expected by the end of the month, according to a Rockford Register Star report.

Officials from the systems announced their plans to integrate in February. The deal would create the OSF Northern Region. The state approved the proposal in May.

The FTC requested additional information from the systems, which they submitted Oct. 14. The FTC has 30 days to review that data, although the deadline can be extended.

Gary Kaatz, president and CEO of RHS, and Dave Schertz, president and CEO of OSF Saint Anthony Medical Center in Rockford, released a joint statement saying they "have no question that the affiliation is competitively appropriate," according to the report.

Related Articles on OSF HealthCare and Rockford Health System:

FTC Requests More Time to Research Merger Between Illinois' OSF and Rockford Health
Illinois’ OSF HealthCare and Rockford Health System to Affiliate, Create New System
Illinois' Rockford Health to Explore Merger with OSF Healthcare


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars