Mergers & Acquisitions
The first phase addresses the effect the $54 billion deal would have on the national health insurance market.
Agency says the hospitals would have a dominant market share of inpatient services in a 21-county area.
The hospitals will generate combined revenues of approximately $215 million and break even in terms of profit.
The new entity, which officials said will be able to expand services, will get a new name.
Lourdes Health in Pasco, Washington, and St. Joseph Regional Medical Center in Lewiston, Idaho, will change hands.
Earlier this month, CHS said it had found five buyers for 12 hospitals it had planned to sell, with proceeds from all 12 expected to raise upwards of $850 million for the struggling company.
In 40-plus page decision, federal court says lower court erred in ruling, merger would hurt market competition.
The AMA supports the Department of Justice decision to block both mergers over antitrust concerns.
Anthem claims the merger would result in substantial efficiencies that outweigh anticompetitive concerns, but hostility between the insurers could hamper their integration.
Apollo is seeking more hospitals to add scale to its portfolio company, RegionalCare Hospital Partners, those familiar with the talks told Reuters.