Highmark To Pay Off Debt In $726M Bond Deal
By Steve Twedt, Pittsburgh Post-Gazette |
The deal means
The agreement is considered crucial to
Without the deal with bondholders, efforts to gain approval from the
"
WPAHS board chairman
In a mass email to the health system's employees Wednesday,
Nurse
"The most important thing is that this preserves quality health care competition in
SEIU's statewide health care division put out a release late Wednesday calling on the state insurance department "to approve the affiliation without further delay."
After
West Penn Allegheny has been battling growing debt and decreasing revenues and patient volumes. In November, the health system reported a
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