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TexasTowelie

(112,167 posts)
Fri Jun 10, 2016, 05:49 AM Jun 2016

State and feds say Carolinas HealthCare drove up costs by curbing competition

Patients in the Charlotte region face higher health care costs and fewer choices because of efforts by the state’s largest hospital chain to prevent competition, the U.S. Justice Department and the N.C. Attorney General’s office contend in a newly filed lawsuit.

The federal antitrust lawsuit against Carolinas HealthCare System alleges the chain illegally reduces competition in the local health care market.

-snip-

Based in Charlotte, Carolinas HealthCare operates Carolinas Medical Center and nine other hospitals in the Charlotte area. It is one of the nation’s largest nonprofit health care systems.

CHS is the dominant hospital system in the Charlotte area, controlling about 50 percent of the market. It had more than $9 billion in net operating revenue last year.

Read more: http://democratsforever.freeforums.net/thread/9162/state-carolinas-healthcare-drove-costs

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