Highmark Deal to Infuse Forbes with $20 Million of Improvements
Four days after the announcement of a landmark deal between Highmark Insurance and West Penn Allegheny Health System, Dr. Mark Taylor said he was “still glowing.” Taylor is chief of …
Pa. Auditor General Threatens UPMC Over Highmark Deal
In Pittsburgh Wednesday afternoon, Pa. State Auditor General Eugene DePasquale has a warning to UPMC and Highmark. “The UPMC-Highmark battle must stop, and it must stop now. The 2014 deadline …
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 …
Pennsylvania Hospital Seeks Partnership with Network
A rural southwestern Pennsylvania hospital says in a letter to employees that it is seeking a “strategic relationship” with a larger health network. The letter doesn’t specify a potential partner …
UPMC says Highmark Subscriber Access Will Continue
PITTSBURGH – At a hearing on Monday on UPMC’s denial of access to subscribers of Highmark’s Community Blue health plan, members of the House Democratic Policy Committee heard complaints that …
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 …
Hospitals in Pennsylvania and West Virginia Get Federal Money for Readmission Reduction
Six community hospitals in Western Pennsylvania and West Virginia will tackle the costly problem of patients returning to the hospital too quickly after being discharged. The Pittsburgh Regional Health Initiative, …