FTC Approves Universal Health Services' Application to Sell Puerto Rico Assets

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Following a public comment period, the Federal Trade Commission has approved an application by Universal Health Services, Inc. to sell what are known as the Puerto Rico Divestiture Assets, including Hospital San Juan Capestrano and its affiliated outpatient centers, to Donald R. Dizney and David A. Dizney, through two companies that are members of the United Medical Corporation. Universal Health is required to sell the assets under an FTC order settling charges that its acquisition of Psychiatric Solutions, Inc. as originally proposed, was anticompetitive.

The Commission vote approving the sale of the Puerto Rico assets was 4-0. Under the terms of the FTC order, Universal Health has already received Commission approval to sell psychiatric facility assets in Delaware and Las Vegas, Nevada. (FTC File No. 101-0142, Docket No. C-4309; the staff contact is Elizabeth A. Piotrowski, Bureau of Competition, 202-326-2623; see press release November 15, 2010.)

The FTC's Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust@ftc.gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 601 New Jersey Ave., Room 7117, Washington, DC 20580. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook and follow us on Twitter.

(FYI 4.2012.wpd)

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