FTC ready to hold Phoebe hearing - WALB.com, South Georgia News, Weather, Sports

FTC ready to hold Phoebe hearing

ALBANY, GA (WALB) -

The Federal Trade Commission is now ready to resume its fight to block Phoebe Putney's purchase of Palmyra Medical Center. The FTC hopes a hearing on the buyout will be held by July.

The agency challenged the sale of the hospital two years, claiming it would create an illegal monopoly and drive up health care prices.

 The hearing process was put on hold while Phoebe argued in federal court that Georgia law exempts state-related agencies such as hospital authorities from federal antitrust laws.

 Last month the US Supreme Court ruled Georgia law offers no such exemption. The FTC now says it will continue to challenge the purchase and says that process needs to be completed quickly since Phoebe has already taken over management of what is now called Phoebe North.

Phoebe Putney issued this statement-

"Our attorneys have been notified of the order to lift the stay. This was expected as a part of this process. Matters now move into a resumption of the discovery process in preparation for a hearing. We look forward to demonstrating the substantial benefits that have accrued and will accrue to the community we serve as a result of this acquisition by the Authority," stated Tommy Chambless, Phoebe's general counsel.

 

Copyright 2013 WALB.  All rights reserved.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Corn hole tournament to help revitalize downtown Pelham

    Corn hole tournament to help revitalize downtown Pelham

    Sunday, April 22 2018 12:55 AM EDT2018-04-22 04:55:46 GMT
    The Southwest Georgia ACL regional tournament was put on by the Pelham Main Street program. (Source: WALB)The Southwest Georgia ACL regional tournament was put on by the Pelham Main Street program. (Source: WALB)
    The Southwest Georgia ACL regional tournament was put on by the Pelham Main Street program. (Source: WALB)The Southwest Georgia ACL regional tournament was put on by the Pelham Main Street program. (Source: WALB)

    A regional corn hole tournament is helping one Southwest Georgia city bring life and a new look to their downtown area.   The City of Pelham held the Southwest American Cornhole League (ACL) Regional tournament to raise funds to revitalize their downtown. =

    More >>

    A regional corn hole tournament is helping one Southwest Georgia city bring life and a new look to their downtown area.   The City of Pelham held the Southwest American Cornhole League (ACL) Regional tournament to raise funds to revitalize their downtown. =

    More >>
  • Pretoria Fields and local family work together to raise awareness for autism

    Pretoria Fields and local family work together to raise awareness for autism

    Sunday, April 22 2018 12:39 AM EDT2018-04-22 04:39:34 GMT
    The Cutliff family partnered with a host of organizations for the 'Anyone for Autism'. (Source: WALB)The Cutliff family partnered with a host of organizations for the 'Anyone for Autism'. (Source: WALB)
    The Cutliff family partnered with a host of organizations for the 'Anyone for Autism'. (Source: WALB)The Cutliff family partnered with a host of organizations for the 'Anyone for Autism'. (Source: WALB)

    The family of an adult struggling with Autism, is helping raise money to bring awareness to the disorder and other individuals with special needs in the Albany area. Pretoria Fields hosted an 'Anyone for Autism' Concert organized by Jimon Cutliff and his family.  

    More >>

    The family of an adult struggling with Autism, is helping raise money to bring awareness to the disorder and other individuals with special needs in the Albany area. Pretoria Fields hosted an 'Anyone for Autism' Concert organized by Jimon Cutliff and his family.  

    More >>
  • Southern Soul Music Festival doubles attendees from last year

    Southern Soul Music Festival doubles attendees from last year

    Sunday, April 22 2018 12:31 AM EDT2018-04-22 04:31:41 GMT
    Young Buck Entertainment hosted their second annual Southern Soul Music Festival at the Exchange Fairgrounds in Albany. (Source: WALB)Young Buck Entertainment hosted their second annual Southern Soul Music Festival at the Exchange Fairgrounds in Albany. (Source: WALB)
    Young Buck Entertainment hosted their second annual Southern Soul Music Festival at the Exchange Fairgrounds in Albany. (Source: WALB)Young Buck Entertainment hosted their second annual Southern Soul Music Festival at the Exchange Fairgrounds in Albany. (Source: WALB)

    Hundreds filled the Albany Exchange Club Fairgrounds Saturday, for a night of music and dance.  Young Buck Entertainment hosted its 2nd annual Southern Soul Music Festival.  

    More >>

    Hundreds filled the Albany Exchange Club Fairgrounds Saturday, for a night of music and dance.  Young Buck Entertainment hosted its 2nd annual Southern Soul Music Festival.  

    More >>
Powered by Frankly