94-27571. Healthtrust, Inc.The Hospital Company; Prohibited Trade Practices, and Affirmative Corrective Actions  

  • [Federal Register Volume 59, Number 215 (Tuesday, November 8, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-27571]
    
    
    [[Page Unknown]]
    
    [Federal Register: November 8, 1994]
    
    
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    FEDERAL TRADE COMMISSION
    [Dkt. C-3538]
    
     
    
    Healthtrust, Inc.--The Hospital Company; Prohibited Trade 
    Practices, and Affirmative Corrective Actions
    
    AGENCY: Federal Trade Commission.
    
    ACTION: Consent order.
    
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    SUMMARY: In settlement of alleged violations of federal law prohibiting 
    unfair acts and practices and unfair methods of competition, this 
    consent order requires, among other things, a Tennessee-based 
    corporation that provides acute care hospital services to divest Holy 
    Cross Hospital of Salt Lake City to a Commission approved acquirer; to 
    complete the divestiture within six months of the date of the order; 
    and to consent to the appointment of a trustee, if the divestiture is 
    not completed within six months. In addition, the consent order 
    requires the respondent, for ten years, to obtain prior Commission 
    approval before purchasing any acute care hospital or any hospital, 
    medical or surgical diagnostic or treatment service or facility in the 
    Utah counties of Weber, Davis, and Salt Lake.
    
    DATES: Complaint and Order issued October 20, 1994.\1\
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        \1\Copies of the Complaint and the Decision and Order are 
    available from the Commission's Public Reference Branch, H-130, 6th 
    Street & Pennsylvania Avenue, NW, Washington, DC 20580.
    
    FOR FURTHER INFORMATION CONTACT:
    Mark Horoschak or Philip Eisenstat, FTC/S-3115, Washington, DC 205890. 
    (202) 326-2756 or 326-2769.
    
    SUPPLEMENTARY INFORMATION: On Wednesday, July 27, 1994, there was 
    published in the Federal Register 59 FR 38176, a proposed consent 
    agreement with analysis In the Matter of Healthtrust, Inc.--The 
    Hospital Company, for the purpose of soliciting public comment. 
    Interested parties were given sixty (60) days in which to submit 
    comments, suggestions or objections regarding the proposed form of the 
    order.
    
        Comments were filed and considered by the Commission. The 
    Commission has ordered the issuance of the complaint in the form 
    contemplated by the agreement, made its jurisdictional findings and 
    entered an order to divest, as set forth in the proposed consent 
    agreement, in disposition of this proceeding.
    
    (Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38 
    Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C. 
    45, 18)
    Donald S. Clark,
    Secretary.
    [FR Doc. 94-27571 Filed 11-7-94; 8:45 am]
    BILLING CODE 6750-01-M
    
    
    

Document Information

Published:
11/08/1994
Department:
Federal Trade Commission
Entry Type:
Uncategorized Document
Action:
Consent order.
Document Number:
94-27571
Dates:
Complaint and Order issued October 20, 1994.\1\
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: November 8, 1994, Dkt. C-3538