Federal Regulators Require
Sales In Hospital Deal
The Federal Trade Commission is requiring that Community Health Systems, Inc. sell two hospitals and related operations in Alabama and South Carolina as a condition of its proposed $7.6 billion acquisition of Naples-based Health Management Associates, Inc., the agency reported.
Community Health Systems must agree to sell operations related to what is now HMA’s Riverview Regional Medical Center near Gadsden, Ala. and HMA’s Carolina Pines Regional Medical Hartsville, S.C. to Commission-approved buyers within six months after the order is issued, which is expected in February.
Each company operates hospitals in those markets and combining ownership would have eliminated “valuable price and quality competition,” the trade commission said.
HMA shareholders approved the deal on Jan. 8.
Community Health Systems, Inc is expected to consolidate services to its corporate offices in the Nashville suburb of Franklin, Tenn., though it’s unclear what that will mean for administration at HMA’s Naples headquarters. The company has announced that no changes to current hospital staffing levels or services.
In Southwest Florida, HMA operates Lehigh Regional Medical Center in Lehigh Acres, two Physicians Regional Healthcare System hospitals in the Naples area, Bayfront Health Port Charlotte and Bayfront Health Punta Gorda.