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Antitrust suit against behavioral health companies settled.(Brief Article)

Publication: Mental Health Weekly

Publication Date: 29-MAY-01
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COPYRIGHT 2001 Manisses Communications Group, Inc.

A second attempt in four years to sue the country's largest managed behavioral health care companies on charges that they conspired to fix prices paid to providers in order to maximize profits has failed.

The settlement, announced last week, followed testimony by an expert on health care antitrust issues stating that he found no evidence of coordination, agreement or commonality in defendants' pricing. William J. Lynak, Ph.D., examined pricing data from all the defendants in the case, known as Holstein, et...

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