FAH President and CEO Chip Kahn released the following statement after the Federal Trade Commission (FTC) vote to approve the final Noncompete Rule:

“This final rule is a double whammy. The ban makes it more difficult to recruit and retain caregivers to care for patients, while at the same time creating an anti-competitive, unlevel playing field between tax-paying and tax-exempt hospitals – a result the FTC rule precisely intended to prevent.”

“In a time of constant health care workforce shortages, the FTC’s vote today threatens access to high-quality care for millions of patients.”

Background:

• The FTC’s final rule generally applies to tax-paying entities, creating an inherently anti-competitive playing field between tax-paying and non-profit entities.