A PYMNTS Company

US: NY Department of Health bids for antitrust exemption

 |  September 19, 2013

The New York State Department of Health is reportedly seeking antitrust exemption for healthcare provider mergers from both federal and state antitrust enforcement, say reports.

    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.

    The DOJ is proposing new regulation to provide the exemption and allow the state to review providers’ mergers and collaborations. The state would then decide whether to issue a Certificate of Public Advantage.

    According to reports, legislation was passed in 2011 that allowed for “state action immunity” from federal enforcement for such mergers that are submitted to state authorities. Now, the New York DOH is looking to implement that legislation.

    New York will be accepting public comment on the matter for the next 45 days.

    Full Content: Healthcare Association of New York State

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.