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Wednesday, Dec 9 2015

Full Issue

Pa. Joins FTC Effort To Block Merger Between Penn State Hershey Hospital And PinnacleHealth

In other hospital news, Carolinas HealthCare System unveiled plans to spend $3 billion on capital projects.

Pennsylvania Attorney General Kathleen G. Kane said her office will join the Federal Trade Commission in a bid to block the proposed merger of Penn State Hershey Medical Center and PinnacleHealth System. Combined, the two systems would control 64 percent of the market in the Harrisburg region, including Dauphin, Cumberland, Perry and Lebanon Counties, Kane's office said. (Brubaker, 12/9)

On Tuesday, Carolinas HealthCare System officials announced plans to spend $3 billion on capital projects as part of a six-year 鈥渞einvestment鈥 plan. At the system鈥檚 quarterly board meeting, Chief Financial Officer Greg Gombar described the goal to spend 10 percent of net operating revenue annually on capital projects 鈥 such as buildings, technology and programs 鈥 to meet consumer demand. (Garloch, 12/8)

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