Highmark Credit Rating Downgrade with West Penn Debt Risk
Highmark faces a challenging future as it gets to work turning around the finances of West Penn Allegheny Health System, which it acquired this week, according to a report from …
Cooper Health System Agrees to $7.5M for AmeriHealth Stake
Cooper Health System agreed to pay at least $7.5 million for a 20 percent stake in AmeriHealth New Jersey, according to the Camden system’s consolidated financial statement for 2012, released …
Highmark Closes $604 Million Buyout of West Penn Bondholders
Insurer Highmark Inc on Monday completed a $604.2 million bondholder buyout of troubled West Penn Allegheny Health System at 87.5 cents on the dollar. The buyout, in which Highmark acquired …
Blue Cross Merger Plan Clears Montana Hurdle
A proposed merger between nation’s fourth-largest health insurer and Blue Cross Blue Shield of Montana has cleared a major regulatory hurdle and is now in the hands of a former …