March 22, 2017 / 10:28 PM / 5 months ago

BRIEF-ACCC decided not to oppose Healthe Care Australia's acquisition of Pulse Health

March 23 (Reuters) - Australian Competition and Consumer Commission:

* Decided not to oppose Healthe Care Australia's proposed acquisition of Pulse Health

* Found although Mayo and Forster are only private hospitals in Forster-Taree region, 2 hospitals do not compete closely to attract doctors and patients

* ACCC's review also considered potential for Healthe Care to use acquisition of Pulse to increase bargaining power in negotiations with private health insurance funds Source text: (bit.ly/2o6mLmh) Further company coverage:

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