FTC news from FierceHealthcare
News
CVS Caremark reports lost deals, FTC investigation
In 2007, pharmacy operator CVS merged with pharmacy benefit manager Caremark, a $27 billion deal that seemed poised to change the dynamics of the PBM business. Two years later, however, questions are... Read more...
FTC, DoJ consider new merger guidelines
Are you considering a merger? Be advised that the antitrust rules for such deals may be changing right out from under you. The Federal Trade Commission and Department of Justice have decided to hold... Read more...
DOJ accepts GA hospitals' joint purchasing agreement
The U.S. Department of Justice has decided to offer no challenge to a proposal by two hospitals to enter into an exclusive joint purchasing agreement for some of their medical and surgical supplies.... Read more...
Pressured by FTC, Carilion Clinic agrees to sell outpatient centers
Moving to quickly end a dispute with the Federal Trade Commission, which objected to its acquisition of two outpatient centers, Roanoke, VA-based Carilion Clinic has reached a tentative settlement... Read more...
'Pay for delay' pharma deals cost consumers $3.5B a year
It's known as "pay for delay": the practice under which brand drugmakers pay generics manufacturers to put off the introduction of competing products. Pay-for-delay has come under intense scrutiny of... Read more...
CA medical practice agrees to FTC deal over price-fixing charges
California's Alta Bates Medical Group has agreed to a consent order from the Federal Trade Commission, settling charges that its methods of negotiating with fee-for-service contracts payers for... Read more...
Antitrust laws could hobble healthcare reform
A couple of weeks ago, President Obama and several major interest groups announced that they'd be able to cut $2 trillion off of the growth in healthcare spending over the next decade. That sounds... Read more...
FTC to allow joint contracting by TriState Health Partners in MD
The Federal Trade Commission believes that a plan for clinical integration proposed by TriState Health Partners--a hospital organization based out of Maryland--and Washington County Health System,... Read more...
FTC's identity theft rules get a new deadline
Last week we told you about the FTC's new "red flag" rules designed to prevent medical identity theft. The rules, which impose new administrative requirements on any creditor--including... Read more...
FTC cracks down on medical identity theft
The FTC plans to issue a new consumer protection rule that will take on the issue of medical identity theft, a growing concern now that identity thieves have recognized that medical records are rich... Read more...
