Union Health has decided to retract its offer to acquire Terre Haute Regional Hospital due to concerns raised by federal regulators.

These concerns revolve around the potential negative consequences of the acquisition, such as increased healthcare costs, limited wage growth, and a decline in the quality of care for patients.

This decision is in line with the current regulatory environment, which aims to promote competition and safeguard consumer interests in the healthcare industry.

The withdrawal of the proposal reflects the ongoing scrutiny of healthcare consolidations and their impact on local communities and the overall healthcare market.