March 3, 2021
Health News

Feds blocking sale of N.J. hospital to Hackensack Meridian, saying it would drive up consumer prices –

The Federal Trade Commission announced Thursday it intends to block the proposed the sale of Englewood Hospital and Medical Center to Hackensack Meridian Health because the hospital chain would monopolize the Bergen County market and drive up prices.
Hackensack Meridian Health, one of the largest hospital and health care chains in New Jersey, announced last year it had inked a deal to acquire Englewood, one of the last remaining independent community hospitals in the state.
But mergers and acquisitions…

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