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 …
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 West Penn Allegheny Merger Update
In 2011, the state’s largest insurer, Highmark, signed an affiliation agreement with the financially troubled West Penn Allegheny Health System (WPAHS) and its five Pittsburgh-area hospitals to create an integrated …