Union Health Withdraws Plan To Purchase Terre Haute Regional

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Terre Haute, In. – Union Health has withdrawn their proposal to merge with Terre Haute Regional Hospital, but they say they will continue to work on the plan to merge.  Union Health signed an agreement to purchase Regional in September of 2023.  In a press release Union Health said we believe it is best to withdraw the current application to allow time for Union Health and Terre Haute Regional to continue to work with IDOH, to ensure the benefits, including improved access, quality, prevention and early intervention, as outlined in the new application.  In September of this year the FTC urged the Indiana Department of Health to deny the hospital’s certificate of public advantage, or COPA, application.  The FTC said the COPA could shield the proposed merger from antitrust scrutiny, leading to a deal that would likely impose higher costs and could lead to worse healthcare outcomes for Indiana patients, as well as lower wage growth for hospital workers.