FTC, Phoebe work toward agreement - WALB.com, Albany News, Weather, Sports

FTC, Phoebe work toward agreement

Posted: Updated:
ALBANY, GA (WALB) -

The Federal Trade Commission and Phoebe Putney Hospital are discussing a settlement in the antitrust case in Phoebe's purchase of the former HCA Palmyra Medical Center.

  An administrative law judge granted the Joint Motion to Withdraw Matter from Adjudication for 30 days on June 11th.

 The proposed consent agreement is attached to this motion but has been sealed.

In the June 11th order, both parties say a reasonable possibility of a settlement exists in the matter.

The FTC filed suit in April of 2011 challenging Phoebe Putney's purchase of the former HCA Palmyra Medical Center on the grounds the sale would create a virtual monopoly in the area.

Phoebe purchased the hospital and called it Phoebe North after the 11th U.S. Circuit Court of Appeals upheld a federal judge's ruling the hospital authority was exempt from antitrust laws under Georgia law.

The United States Supreme Court in an unanimous ruling reversed that decision in February of this year ruling Georgia's shield laws does not cover hospital authorities.

 

Copyright 2013 WALB.  All rights reserved.