Alamance Regional one step closer to Cone merger
Federal Trade Commission staff has completed an inquiry into the merger of Alamance Regional Medical Center and Cone Health and is expected to recommend the merger, the Times-News is report.
According to the paper, the FTC should make its final decision on the hospitals’ merger within 10 days.
On Wednesday, FTC’s staff completed its investigation into the merger, which was filed in August. The inquiry stemmed from questions about how the merger would affect local competition.
FTC staff will prepare a recommendation about the merger to the FTC board, which will then determine whether to allow the merger.
Read more: Times-News