Blog Post
Aug 15, 2012
Nevada Attorney General and FTC Scrutinize Nevada Healthcare Company’s Alleged Anti-Competitive Behavior Concerning Use of Non-Compete Agreements
On August 6, the Nevada Attorney General announced the filing of a lawsuit and settlement against Renown Health (“Renown”), a Reno, Nevada based company, alleging violations of state and federal antitrust law.
At the same time, the Federal Trade Commission filed a complaint, also alleging anti-competitive behavior.
Renown had recently acquired two of largest cardiology practices in Reno, Nevada starting with Sierra Nevada Cardiology Associates (“SNCA”) in 2010, followed by Reno Heart Physicians (“RHP”) in March 2011. Prior to the acquisitions, SNCA and RHP allegedly held virtually all of the cardiologists in the Reno area.
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