FTC Probes Market Power of One of Country’s Biggest Anesthesia Providers

Federal antitrust enforcer is investigating U.S. Anesthesia Partners, a private-equity-owned company that has built a large presence in Texas, Colorado and Florida

The Federal Trade Commission’s investigation is an example of stricter government scrutiny of private equity’s involvement in the healthcare industry.WASHINGTON—The Federal Trade Commission is investigating one of the country’s largest anesthesiology providers, U.S. Anesthesia Partners, over whether it has amassed too much power in some regional markets through acquisitions, according to people familiar with the matter.

USAP has 4,500 anesthesia providers in nine states, including Texas, Colorado and Florida. The company, founded in 2012 by private-equity firm Welsh, Carson, Anderson & Stowe, smaller anesthesiology groups and rolling them up into a consolidated entity that manages hospital contracts, billing, insurance agreements and other functions.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

October's record of market crashes makes it most feared month on financial calendar: 'October effect'The 'October effect' has historically garnered fears that fall's first full month will be bad for markets, having historically seen some of the country's largest crashes. Vote It's the end of the world Impeach Joe Biden and fire every single politician that has been voting on these outrageous spending bills, driving us into inflation and into a recession like we have never seen before. This is all by design, it’s not an accident
Source: FoxBusiness - 🏆 458. / 53 Read more »