Legal challenge could hamper Prisma’s plan to buy three LifePoint hospitals

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, Legal challenge could hamper Prisma’s plan to buy three LifePoint hospitals

Prisma Well being’s plan to purchase three hospitals from for-profit LifePoint Well being is going through a authorized problem, the well being system’s CEO revealed Monday on the J.P. Morgan Healthcare Convention.

Prisma, South Carolina’s largest well being system, introduced in early 2020 plans to amass two hospital techniques from Brentwood, Tenn.-based LifePont: Camden, S.C.-based KershawHealth and Columbia, S.C.-based Windfall Well being, which collectively embody three hospitals, a freestanding emergency division, and different services.

Nevertheless, Prisma CEO Mark O’Halla stated Monday that the deal is going through a authorized problem associated to the well being system’s certificates of public benefit, a software South Carolina leaders are utilizing to manage the merger that fashioned Prisma and supplied federal antitrust immunity. O’Halla did not share a lot element, however stated the authorized problem is at present earlier than an appellate courtroom. He stated the well being system has requested that its enchantment go straight to the Supreme Courtroom for a quick decision.

“These appeals will frankly resolve if the transaction goes to shut,” he stated.

O’Halla stated the deal can also be being reviewed by the Federal Commerce Fee. He stated the company requested for extra data, which Prisma supplied.

South Carolina’s Governor, Henry McMaster, blessed the merger early on, saying it will present “new alternatives to reinforce scientific high quality and enhance entry to reasonably priced care.”

Prisma was fashioned via the 2017 merger of Greenville Well being System and Palmetto Well being.


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