Highmark acquisition of Erie hospital receives OK
Highmark Inc. expects to close an acquisition of St. Vincent Health System in Erie on July 1, since the Erie County Orphan’s Court approved the deal on Friday. The Erie …
SEC closes probe of West Penn Allegheny
A Securities and Exchange Commission investigation of West Penn Allegheny Health System that dates to 2008 has been closed, the hospital network disclosed on Thursday in a report that showed …
West Penn Allegheny Health Soars with Highmark Deal
Bond investors betting on the takeover of West Penn Allegheny Health System, whose 2007 tax-exempt junk deal is the biggest for a U.S. hospital in more than two decades, are …
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 …
West Penn Allegheny Health System says UPMC Physicians Want to Switch
Many of the University of Pittsburgh Medical Center doctors have inquired about switching to Allegheny Health Network, West Penn Allegheny Health System Chief Medical Officer Tony Farah said Monday. How …
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 …
Highmark’s Acquisition of West Penn Allegheny Health System gets Approval
Pennsylvania Insurance Commissioner Michael Consedine today announced the department’s approval of the transactional filing related to Highmark’s proposed affiliation with the West Penn Allegheny Health System (West Penn) and the …
HealthAmerica Worried by Highmark Reach
HealthAmerica has been negotiating reimbursement contracts with West Penn Allegheny Health System hospitals and doctors for decades. So, the health insurer was caught off-guard earlier this year when WPAHS demanded …