ProMedica ordered to sell St. Luke's Hospital after losing appeal
Tue, 22 Apr 2014 18:34:27 GMT —
After a lengthy court battle with the Federal Trade Commission, ProMedica has been ordered to divest itself of St. Luke's Hospital in Maumee.
The ruling came Tuesday after the health system's appeal of a 2011 ruling that said a continued merger between the hospital and the health system would be illegal and anti-competitive.
ProMedica merged with the Maumee hospital in 2010. By the end of 2011, the FTC ordered the system to divest itself of the hospital.
A judge in Cincinnati ruled that the merger between ProMedica and St. Luke's would give the health system too much clout with major health-care insurance companies and a stronghold on the southwest Lucas County market.
Following Tuesday's ruling, ProMedica issued a statement saying they would continue the fight the decision. "We are extremely disappointed by today's decision and intend to appeal," the statement said. "As we continue this legal journey, we would like to emphasize that St. Luke's Hospital remains a member of ProMedica, continues to serve patients, and all health plans currently accepted at St. Luke's will continue to be accepted."
ProMedica was established in 1986 and has 11 member and affiliate hospitals in northwest Ohio and southeast Michigan.