St. Luke's moving ahead with Saltzer purchase
BOISE, Idaho (AP) -- St. Luke's Health System says it's moving forward with a plan to purchase Saltzer Medical Group despite concerns by Idaho Attorney General Lawrence Wasden the deal could run afoul of federal and state laws intended to prevent monopolies that reduce competition.
Health system spokesman Ken Dey tells the Idaho Statesman the company can't wait any longer to pursue the buyout. He says it will give the Federal Trade Commission and Wasden's office 30 days' notice before the deal closes.
The FTC and Idaho attorney general's office earlier this year started an investigation into whether St. Luke's Health System had violated federal antitrust laws and Idaho's Competition Act.
Wasden in a February letter noted the health system's possible purchase of the Saltzer Medical Group as a complicating factor.
Information from: Idaho Statesman, http://www.idahostatesman.com