Federal Trade Commission (FTC)

Small and large hospitals continue merger race

Anne Arundel Medical Center hospital at dusk.
Anne Arundel Medical Center in Maryland is merging with a local hospital. Photo: Anne Arundel Medical Center

The hospital industry isn't just consolidating among the titans. Deals are happening frequently at the local level, too.

Why it matters: Smaller hospital deals are just as important as large system mergers because local market power is paramount in health care — people usually get care close to where they live. A combined entity reduces competition, which could give it the upper hand in negotiations with commercial health insurers in its area.

FTC warns of deceptive drug lawsuit ads

Someone pouring prescription pills into their hands
Photo: Jeffrey Coolidge/Getty Images

The Federal Trade Commission has warned 7 law firms and marketing companies that their TV ads alleging harm, and offering possible monetary relief, from certain prescription drugs "may be deceptive or unfair" and may prompt people to stop taking their medications.

Driving the news: Documents obtained by Axios under the Freedom of Information Act show the FTC was particularly concerned about personal injury ads against the diabetes drugs Invokana and Invokamet.