Federal judge rejects FTC request to stop Novant from buying 2 Charlotte area hospitals [Yahoo! Finance]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
The agency said Novant Health would control a large share of the market with the deal and that could hurt consumers by wiping out competition, leave fewer options for patients and increase insurance rates. The case began in late January when the FTC filed a lawsuit in the U.S. District Court for Western District of North Carolina. Novant wants to purchase Lake Norman Regional Medical Center in Mooresville and Davis Regional Medical Center , a behavioral health hospital in Statesville. Feds say Novant gains ‘eye-popping' market control if takeover of 2 NC hospitals proceeds The FTC had filed for a preliminary injunction to stop the Winston-Salem health system from buying the hospitals. Both center are owned by Community Health Systems, Inc ., which is also a defendant. But U.S. District Judge Kenneth. Bell denied the FTC's request for a preliminary injunction — which would have paused the deal between Novant and Community Health Systems. “Overall, the public interest is best
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CYH
News
- Community Health Systems, Inc. Provides Update Regarding Lake Norman Regional Medical Center and Davis Regional Psychiatric Hospital [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. Provides Update Regarding Lake Norman Regional Medical Center and Davis Regional Psychiatric HospitalBusiness Wire
- AvaSure Chief Nursing Executive Advisory Board Collaborates on Inpatient Virtual Care Maturity Model [Yahoo! Finance]Yahoo! Finance
- Novant Health abandons $320 million Lake Norman hospital deal plans amid FTC concerns [Yahoo! Finance]Yahoo! Finance
- As hospitals grow, so does your bill [Yahoo! Finance]Yahoo! Finance
CYH
Earnings
- 4/24/24 - Miss
CYH
Sec Filings
- 6/5/24 - Form 8-K
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- CYH's page on the SEC website