Columbia agrees to pay $2.5 million FTC fine

Article Abstract:

Columbia/HCA Healthcare Corp. has reached an agreement to pay a civil fine of $2.5 million to the Federal Trade Commission (FTC). The FTC imposed the fine for Columbia's "apparent reckless disregard" of antitrust regulations in connection with its acquisition of hospitals in Utah and Florida. Columbia was accused by the FTC of refusing to follow orders to quickly sell the hospitals. This refusal would produce a poor environment for competition in both states.

Comment:

To pay a civil fine of $2.5 million to the Federal Trade Commission

Government regulation (cont), Hospitals, Legal/Government Regulation, HCA Inc.

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Women find breast surgery attractive again

Article Abstract:

Breast augmentation is making a comeback nearly six years after the Food and Drug Administration (FDA) banned silicone implants. Some attribute the revival of interest in this cosmetic surgery to "Baywatch" with its bevy of bossomy stars. Surgeons favor implants filled with saline solution over of the old silicon implants which which have been accused of causing numerous health problems. The majority of patients are in their 20s and early 30s.

Sales & consumption, Industry Market Data, Cosmetic Surgery, Plastic surgery

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Columbia sets sale of 40% of home unit

Article Abstract:

Columbia /HCA Healthcare Corp. is selling off its home health-care operations in 11 states in two separate deals worth $34 million. Amedisys Inc. has signed a letter of intent to acquire Columbia's home-care operations in Alabama, Georgia, Oklahoma, Louisiana, North Carolina, and Tennessee. A private investor group will acquire the company's home-care units in Alaska, Idaho, Kansas, Oregon, and Wyoming.

Comment:

Columbia /HCA Healthcare Corp. selling off its home health-care operations in 11 states in two separate deals worth $34 mill

Asset sales & divestitures, Acquisitions & mergers, Health Care, Home Health Care, Home Health Care Services, Medical care, Home care services, Amedisys Inc., Columbia /HCA Healthcare Corp.

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