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Each year, the lives of thousands of people across the country are saved because someone made the choice to become an organ donor. In April, Allegheny Health Network is honored to celebrate National Donate Life Month and pay tribute to all of those who have bestowed the precious gift of life to another through organ donation. Visit AHNdonate.org to learn more and register to be an organ donor.

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Format: 04/18/2014
Format: 04/18/2014

News

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.

 

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