Highmark news and information

West Penn Allegheny Health System would return to profitability next year, according to financial projections Highmark filed with the state Insurance Department, a scenario that appears more optimistic than the insurer previously stated.
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PITTSBURGH—Insurer Highmark closed on a deal for its first hospital under a costly plan to diversify and compete with the region's well-financed and largest health system. Jefferson Regional Medical Center, in Jefferson Hills, Pa., will receive $100 million for capital projects under...
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Pittsburgh-based insurer Highmark closed on a deal for its first hospital under a costly plan to diversify and compete with the region's well-financed and largest health system.
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One of the nation's largest health insurers will acquire its first hospital in a deal expected to close this week, but still unresolved is Highmark's $1.1 billion bid for a distressed health system central to its ambitious expansion plans.
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If the business model for the health insurance industry has to change, so should its leadership. That's the strategy that WellPoint is taking by tapping a hospital executive as its new CEO.
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West Penn Allegheny Health System at one time was one of the prominent healthcare providers in Pittsburgh. As a new health system emerged (University of Pittsburgh Medical Center) and monopolized the city, WPAHS was...
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Last year, the Utah-based SelectHealth insurance company paid $1 million to provide just five patients with the critical enzyme-replacement drug Cerezyme.
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Executives at not-for-profit hospitals are getting more aggressive in pursuing potential deals and also becoming chummier with their for-profit counterparts in forming long-term ownership partnerships.
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HARTFORD, Conn.—One of Connecticut's largest hospitals could be the first hospital to join Ascension Health Care Network, a private equity-backed effort to launch a for-profit Catholic health system. St. Francis Hospital and Medical Center, Hartford, signed an exclusive letter of...
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Highmark's revised plans to acquire the faltering West Penn Allegheny Health System would push the Pittsburgh insurer's cost to launch an integrated delivery network to more than $1.6 billion.
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