LCMC Health sues federal government over Tulane hospital acquisition.

LCMC Health is being sued by the Federal Trade Commission (FTC) over its acquisition of three Tulane University Medical Center hospitals in New Orleans. The FTC claims that the $150m deal should have gone through a federal review process for potential anti-trust violations. LCMC argues that it did not need to seek approval from the FTC, citing a Louisiana law dating back to the early 1990s. The deal was finalized in January, and LCMC is now facing fines and penalties that could total nearly $9.5m.