A possible merger of two small Muskegon, Mich., systems apparently has gotten an initial pass from federal antitrust officials. Mercy General Health Partners and Hackley Health said the 30-day review period under the Hart-Scott-Rodino Act expired Nov. 9 without a challenge or request for additional information. The Federal Trade Commission does not comment on applications.
Hackley Health includes 181-bed Hackley Hospital in Muskegon and 24-bed Hackley Lakeshore Hospital, Shelby. Mercy General, a member of Novi, Mich.-based Trinity Health, has two campuses with a total of 230 beds. Executives announced in early October their boards had signed a letter of intent.
The finalization of the review from the FTC is one step in the process of merging the two organizations, they said in a jointly issued written statement. Due diligence, a review of both organizations legal and financial standings, is also under way. The boards of trustees of both health systems must also complete a final agreement on the terms of the merger with approval from the Trinity Health board.
The Muskegon hospitals serve a town of about 40,000 and the surrounding smaller communities. Mercy General President and Chief Executive Officer Roger Spoelman said during a news conference announcing the negotiations that a merger would allow them to better compete with hospitals 40 miles away in Grand Rapids, Mich. -- by Gregg Blesch
What do you think? Post a comment on this article and share your opinion with other readers. Submit your letter to Modern Healthcare Online at [email protected]. Please be sure to include your hometown and state, along with your organization and title.