For Your Information
FTC Approves Universal Health Services' Application to Sell Puerto Rico Assets
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.)
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Contact Information
202-326-2180