Regulators in Kansas, Missouri and New Mexico are preparing for public hearings on two blockbuster acquisitions by for-profit hospital chains. First up is the $235 million proposed purchase of for-profit Lovelace Health System, Albuquerque, by Ardent Health Services, Nashville. New Mexico's insurance superintendent will hold a public hearing tomorrow on the proposal, which would give Ardent four acute-care hospitals in Albuquerque. The deal also requires Federal Trade Commission approval. Meanwhile, the proposed $1.1 billion purchase of 13-hospital not-for-profit Health Midwest, Kansas City, Mo., by HCA, Nashville, is drawing the scrutiny of two state attorneys general. The deal will be the subject of a Nov. 18 hearing in Kansas City, Mo., by Missouri Attorney General Jay Nixon and a Nov. 20 hearing in Leawood, Kan., by Kansas Attorney General Carla Stovall. Stovall also plans a subsequent hearing in Iola, Kan. Read more on this story at www.modernhealthcare.com. -- by Vince Galloro
For-profit chains prepare for regulators' scrutiny
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