$55.9 million loss for WPAHS in half of fiscal year
May 9, 2012 1:36 pm
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West Penn Allegheny Health System has lost $55.9 million in the first six months of its current fiscal year that ends June 30, including $34.1 million from September through December of 2011.
Its six-month operating losses were $63.9 million according to financial statements filed by the health system today.
The insurer Highmark, Inc. has committed $475 million to support West Penn Allegheny. State regulators are reviewing their affiliation agreement.
Steve Twedt:
stwedt@post-gazette.com
or 412-263-1963.
First Published February 9, 2012 3:11 pm
First Published February 9, 2012 3:11 pm
