Celebrating the Ultimate Gift of Life -- Through Organ Donation
In celebration of national Donate Life Month, Allegheny General Hospital's Transplant Program brought families of organ donors, living donors and transplant recipients together for a beautiful ceremony recognizing all of those who have bestowed the gift of life to another human being through organ donation. KDKA's David Crawley was there and put together a wonderful tribute these heroic individuals. Watch it here!
Pittsburgh Post-Gazette: Highmark to pay off WPAHS debt in $726 million bond deal
Thursday, January 17th, 2013
Highmark and West Penn Allegheny Health System officials have reached an agreement with bondholders on a debt-reduction deal.
Highmark has offered to purchase $726 million in outstanding series 2007A bonds issued for WPAHS for 87.5 cents on the dollar, resulting in a savings of about $100 million for Highmark. With the deal, officials said West Penn Allegheny will avoid a bankruptcy filing and preserve pensions for the health system's 12,000 employees.
To read more, visit the Post-Gazette website.