A PYMNTS Company

DOJ probing Highmark’s proposed acquisition of West Penn Allegheny Health System

By  |  February 19, 2012
DOJ probing Highmark’s proposed acquisition of West Penn Allegheny Health System

The Pittsburgh Tribune-Review reports that the DOJ is seeking documents related to the proposed $475 million acquisition of West Penn Allegheny Health System by Highmark. According to Paul Wood, University of Pittsburgh Medical Center (“UPMC”) spokesperson, the DOJ is looking into whether the deal will give Highmark more control over hospital service pricing and competition. Concerns have been raised because if Highmark continues to contract with UPMC after its acquisition, Highmark would be in a position to influence pricing at the two dominant hospital systems in the Pittsburgh area.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: Pittsburgh Tribune-Review

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

     

    Related content: Should New Merger Guidelines Give UPP Market Definition? (Richard Schmalensee, MIT Sloan School of Management, Global Economics Group)