Tulane–Lakeside Hospital

FTC Sues to Stop the Potentially Illegal Integration of New Orleans Area Hospitals Over Failure to Follow Federal Reporting Law

Retrieved on: 
Thursday, April 20, 2023

"We are seeking to hold LCMC accountable for disregarding the law by ignoring filing requirements and prematurely consummating their deal,” said FTC Chair Lina M. Khan.

Key Points: 
  • "We are seeking to hold LCMC accountable for disregarding the law by ignoring filing requirements and prematurely consummating their deal,” said FTC Chair Lina M. Khan.
  • Despite that, the agency said, LCMC and HCA consummated the transaction on January 3 without ever reporting it to the agencies.
  • The Compliance, Premerger Notification, Office of General Counsel, and Mergers IV divisions were responsible for this matter.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

FTC Sues to Stop the Potentially Illegal Integration of New Orleans Area Hospitals Over Failure to Follow Federal Reporting Law

Retrieved on: 
Thursday, April 20, 2023

"We are seeking to hold LCMC accountable for disregarding the law by ignoring filing requirements and prematurely consummating their deal,” said FTC Chair Lina M. Khan.

Key Points: 
  • "We are seeking to hold LCMC accountable for disregarding the law by ignoring filing requirements and prematurely consummating their deal,” said FTC Chair Lina M. Khan.
  • Despite that, the agency said, LCMC and HCA consummated the transaction on January 3 without ever reporting it to the agencies.
  • The Compliance, Premerger Notification, Office of General Counsel, and Mergers IV divisions were responsible for this matter.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

LCMC Health and Tulane University Finalize Partnership

Retrieved on: 
Tuesday, January 3, 2023

NEW ORLEANS, Jan. 3, 2023 /PRNewswire/ -- LCMC Health and Tulane University today announced that the organizations have finalized their partnership, following approval from the Louisiana Department of Justice. Through this partnership, Tulane Medical Center, Lakeview Regional Medical Center, and Tulane Lakeside Hospital will join LCMC Health.

Key Points: 
  • NEW ORLEANS, Jan. 3, 2023 /PRNewswire/ -- LCMC Health and Tulane University today announced that the organizations have finalized their partnership, following approval from the Louisiana Department of Justice.
  • Through this partnership, Tulane Medical Center, Lakeview Regional Medical Center, and Tulane Lakeside Hospital will join LCMC Health.
  • "The shared vision between LCMC Health and Tulane University to provide unparalleled patient care and medical research advancements in Southeast Louisiana made this partnership a natural fit," said LCMC Health CEO Greg Feirn.
  • "I can't overstate how important this partnership will be to improving healthcare and boosting medical research in our community," Tulane University President Michael A. Fitts said.