Strong yet caring, part 1
UPMC's board of directors said that in order for the Pittsburgh health system to remain financially strong and meet "its obligations to the communities it serves," it will not extend or renew its contract with Highmark now that the insurer is building its own provider network to compete against UPMC -- which competes against Highmark with its own health insurance plan. UPMC said Highmark's plan to shift 41,000 patients to its own Allegheny Health Network "would greatly damage UPMC."
Strong yet caring, part 2
PNC Bank will stop offering free checking accounts to customers in the next 12 months in order "to remain financially strong and continue to invest in technology and the services that customers want."
Quote of the week
"One of the things we recommend is offering a sick leave, at least during influenza season. It is in the best interest of the employer, and it may be cost effective to pay the first person to stay home, so it doesn't spread."
-- Ron Voorhees, acting director of the Allegheny County Health Department, reacting to research from the University of Pittsburgh School of Public Health that showed allowing all workers access to paid sick days would reduce the spread of flu.
PSO reaches accord
Pittsburgh Symphony Orchestra musicians have reached a contract that calls for a 4 percent wage increase for the 2013-14 season, a wage freeze in 2014-15 and a 3 percent increase in 2015-16. The annual base salary for next season will be roughly $104,000.
Dick's Sporting Goods plans to lease about 73 acres from the Allegheny County Airport Authority for possible expansion of its corporate campus. The economy isn't slowing the Findlay-based retailer, which wants to double the number of stores it has in the U.S. and is working on new prototypes: running specialty stores and a Field & Stream concept.businessnews