Department of Justice OKs West Penn takeover
The proposed takeover by Highmark of West Penn Allegheny Health System got the U.S. Department of Justice's approval Tuesday, clearing one of the major obstacles to the proposed insurer/provider merger. The Justice Department's Antitrust Division gave its thumbs up a week before a hearing at which the state Department of Insurance will hear testimony on the merger. The insurance department's review is considered the highest hurdle to Highmark's takeover of West Penn, which will include a $475 million infusion.
- Readmissions: No Quick Fix to Costly Hospital Challenge
- How Top-Ranked MA Plans Earn Their Stars
- How Hospitals Can Become 'Upstreamists'
- 4 Ways to Lower the Cost to Collect from Self-Pay Patients
- House Calls Key to Pioneer ACO Success
- How Telehealth Pays Off for Providers, Patients
- 4 Tips for Managing Employed Physicians
- Defensive Medicine Still Prevalent Despite Tort Reform
- WellPoint Dominates Nearly Half of Markets, AMA Says
- 'Overtreatment' Debate Circles Back to Lung Cancer Screening