Saturday, July 25, 2009
FTC Files Complaint Against Carilion
Roanoke-based Carilion Clinic’s team of top executives is furiously preparing a response to the Federal Trade Commission’s charges that its purchase of two imaging outpatient centers is unacceptable and will result in higher prices. Carilion purchased the Center for Advanced Imaging and the Center for Surgical Excellence (both owned by Odyssem Imaging) nearly a year ago for $20 million.
The major remaining competition for Carilion’s centers is at arch-rival HCA-Lewis-Gale, a for-profit hospital. Carilion is not for profit. Carilion must respond to the complaint within two weeks. A hearing is scheduled March 23 of next year and argument could last “five to six years” if Carilion fights, according to published reports.