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October 22, 2016 12:00 AM

Penn State, PinnacleHealth drop merger after appeals court loss

Erica Teichert
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    Penn State Hershey Medical Center will still explore opportunities to collaborate.

    Penn State Hershey (Pa.) Medical Center and PinnacleHealth System, Harrisburg, Pa., abandoned their proposed merger in the wake of renewed regulatory opposition from the Federal Trade Commission.

    In September, the 3rd U.S. Circuit Court of Appeals revived the FTC's antitrust challenge to the proposed hospital merger, paving the way for an administrative trial probing the alleged anti-competitive effects of the deal. Rather than endure a long, costly battle with regulators, the central Pennsylvania health systems terminated their agreement.

    “We firmly believe the integration of our two health systems would have served the best interests of patients and the entire central Pennsylvania community,” the systems said in a statement. “Where circumstances allow and where it makes the most sense for our patients, we will continue to collaborate in the future.”

    Penn State and PinnacleHealth initially triumphed against federal regulators' concerns over the merger. In May, a Pennsylvania federal judge rejected the FTC's case and said patients wouldn't be harmed by the proposed consolidation. But then the 3rd Circuit overturned that analysis, finding insurers wouldn't be able to create a competitive health plan for the Harrisburg market without Penn State-PinnacleHealth providers in their networks

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        • Midwest
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    • Blogs
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    • Opinion
      • Breaking Bias
      • Commentaries
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      • From the Editor
    • Events & Awards
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        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - AI and Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Sponsored Video Series - One on One
      • Sponsored Video Series - Checking In with Dan Peres
    • Data & Insights
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      • Hospital Financials
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