Federal Judge Puts RWJBarnabas Health Acquisition Deal on Hold

By Consumers for Quality Care, on June 29, 2022

Federal Judge Puts RWJBarnabas Health Acquisition Deal on Hold

According to Healthcare Dive, the U.S. Federal Trade Commission (FTC) has secured a temporary restraining order halting a health care acquisition in New Jersey.

RWJBarnabas Health’s proposed acquisition of Saint Peter’s Healthcare System has been put on hold due to the current arrangement which allows for head-to-head competition, benefitting New Jersey consumers. According to the FTC commissioners, the competition between the two incentivizes both health care systems to keep prices lower and quality of care higher. A federal judge will soon hear from both parties and weigh whether to issue a preliminary injunction to block the deal.

CQC urges regulators and lawmakers to continue to monitor hospital mergers and prevent consumers from being harmed by a reduction in choice and higher prices for health care.