In the Matter of Renown Health, a corporationDate Filed: August 6, 2012
District Court: United States of America Before The Federal Trade Commission – FTC Matter No. 1110101
Nature of Suit: Healthcare Consolidation
Defendant Type: Provider
Plaintiff Type: Federal
Case Info: https://www.ftc.gov/enforcement/cases-proceedings/1110101/renown-health-matter
In 2012, Renown Health settled with the FTC on charges resulting from its acquisition of multiple cardiology practices in Reno, NV. The FTC announced that, under the settlement order, Renown Health, the largest provider of acute care hospital services in northern Nevada, would release its cardiologist employees from non-compete contract clauses, allowing up to 10 of them to join competing cardiology practices in the Reno area. These changes to the contractual terms between the provider and physicians allowed Renown to avoid divestitures as a competitive solution. Find the FTC’s case summary and related documents here.
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