Methodist-Saint Francis deal still on, but complicated by COVID-19, antitrust concerns
Because the merger would leave Memphis with only two hospital systems, antitrust issues have required Federal Trade Commission review.
There are 5 article(s) tagged Dave Archer:
Because the merger would leave Memphis with only two hospital systems, antitrust issues have required Federal Trade Commission review.
Elective surgery bans — in place in Tennessee since March 19 — have left big holes in hospital budgets. Outpatient procedures account for about 45% of hospital revenue in Memphis.
Former CEO of St. Francis in Memphis talks about insurance in the Memphis market and how it and other facets of health care will be impacted by Methodist buying Saint Francis hospitals.
Regional One Health had bid on purchasing the two Saint Francis hospitals in the Memphis area that Methodist Le Bonheur Healthcare has under contract.
For-profit St. Francis will take $2 million in county taxes away when it leaves and Methodist takes over.
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