FTC sues U.S. Anesthesia Partners, private equity firm

September 21, 2023


The Federal Trade Commission sued U.S. Anesthesia Partners, one of the nation’s largest anesthesia providers, and its private equity owner Welsh, Carson, Anderson & Stowe for allegedly consolidating its practices in Texas to drive up prices for patients.

The FTC filed a complaint Thursday in the U.S. District Court for the Southern District of Texas alleging that the company created a monopoly by buying up nearly every large anesthesia practice in Texas, made price-setting agreements with remaining independent practices and struck a deal with an unnamed competitor to keep it out of the market.

The agency seeks, in part, a permanent injunction preventing any alleged anticompetitive conduct.

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