Renown hospital to pay $4.2M in cardiology noncompete case

Renown Regional Medical Center on Monday settled with 12 cardiologists, agreeing to pay $4.2 million to resolve allegations the Nevada-based health system forced the physicians to sign non-compete agreements, the Reno Gazette-Journal reported. After the health system acquired two heart clinics, the Federal Trade Commission in December ruled that Renown must release its cardiologists from the noncompete clause to prevent monopolistic practices. The physicians have the option to leave Renown without penalty to join another hospital or clinic. Article