Statement from FTC’s Bureau of Competition Director Debbie Feinstein on Decision by Penn State Hershey Medical Center and PinnacleHealth System to Abandon Their Proposed Merger
“The parties’ decision to abandon this transaction preserves hospital competition in the Harrisburg area,” said Debbie Feinstein, Director of the Federal Trade Commission’s Bureau of Competition. “Had it been consummated, the merger would have likely led to lower quality and higher cost health care, at the expense of Harrisburg residents and their employers.”
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