PHILADELPHIA--(BUSINESS WIRE)--
ACE Group today released a new white paper examining the increased risk
of antitrust litigation in the health care market. The paper analyzes
the recent growth in health care industry transactions and the
corresponding rise in antitrust regulation and government enforcement.
It also outlines key due diligence practices that health care market
participants should implement to proactively address this risk and,
ultimately, to avoid costly consequences.
“The
Evolving Threat of Antitrust Litigation in Health Care” was
co-authored by Keith Lavigne, Executive Vice President, ACE Professional
Risk, and Scott Williams, Vice President, ACE Professional Risk. This is
the latest installment in a series of papers developed by ACE to
highlight the increased exposures faced by health care organizations.
“Market changes resulting from regulation will inevitably invite
additional regulation and oversight. We’ve entered a new age of
antitrust liability, and health care providers must embrace the reality
that Mergers and Acquisitions (M&A) activities — no matter how big or
small — can carry antitrust risk,” stated Mr. Lavigne. “As a result,
health care providers must exercise greater due diligence in their
pursuit of greater economies of scale. Heightened vigilance in managing
their transactional exposures is a necessity, not an option. Failure to
do so could expose them to significant risk.”
Key highlights of the ACE paper include:
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The market impact of recent Evanston Northwest Health Care and St.
Luke’s Health System rulings
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The need for a comprehensive antitrust risk analysis as part of M&A
due diligence
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Key threshold questions that should be answered by all health care
providers before proceeding with an M&A or other transactional deals
To access the paper, please visit
our website. For more information about ACE’s Management Liability
products and services, visit www.acegroup.com/us/managementliability.
The material presented in this report is not intended to provide legal
or other expert advice. It is presented as information only. Readers
should consult legal counsel or other technical experts, as applicable,
with any specific questions they may have.
About ACE Group
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance, and life insurance to a
diverse group of clients. ACE Limited, the parent company of ACE Group,
is listed on the New York Stock Exchange (NYSE: ACE) and is a component
of the S&P 500 index. Additional information can be found at www.acegroup.com,
or follow ACE on Twitter, https://twitter.com/ACEGroupNA.
Source: ACE Group