W.Va. AG announces antitrust agreement in hospital takeover
Published 11:15 am Friday, July 31, 2015
HUNTINGTON, W.Va. (AP) – West Virginia Attorney General Patrick Morrisey has announced an antitrust agreement with Cabell Huntington Hospital in its takeover of St. Mary’s Medical Center.
Morrissey said the agreement filed Friday in Cabell County Circuit Court sets conditions to ensure the acquisition complies with state and federal law.
In November, Cabell Huntington Hospital Inc. agreed to assume control of St. Mary’s after the Pallottine Missionary Sisters ended their sponsorship of the hospital after 90 years.
Both hospitals are located in Huntington. St. Mary’s has 393 beds and Cabell Huntington has 303 beds. The combined operation would represent the second-largest hospital chain in the state.
Morrisey says the hospitals cooperated with the attorney general’s office during the investigation and do not admit any violations of antitrust laws under the agreement.