According to the article, Memorial Hermann denied any wrongdoing but agreed to pay a $700,000 fine for the cost of the investigation and to a five-year injunction that would prohibit "certain contracting practices."
The case is significant because it marks the first time a state official — in this case, Texas Attorney General Greg Abbott — has filed antitrust action and may give physicians another avenue to fight against anticompetitive practices, according to the article.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.