Allegheny Health Network proposes investing part of $175 million from Highmark Inc. in renovations and technology upgrades at its Allegheny General and West Penn hospitals, anticipating that they will accommodate more patients when Highmark insurance subscribers lose in-network access to UPMC next year.
The Highmark-owned hospital system would build outpatient medical centers and expand emergency, trauma and women’s health services to underserved parts of Western Pennsylvania as part of a spending plan that executives say will help it better compete with UPMC.
“The entire amount … will be used for capital improvements at Allegheny Health Network to fill in certain service line gaps,” Chief Financial Officer Karen Hanlon said during a state Department of Insurance hearing Monday. “No portion of the requested funding will go to pay operating expenses.”
UPMC Treasurer Tal Heppenstall Jr. said Allegheny Health Network is in worse financial condition than Highmark has reported and chided the company for its “profound lack of financial transparency.” He said it appears Highmark is hiding huge losses in “sporadic, fragmented and murky” financial statements.
Locator map with the Bloomfield neighborhood in Pittsburgh, Pennsylvania highlighted. (Photo credit: Wikipedia)
Stability has been one of Bloomfield‘s strengths. During the East End’s worst years of blight and crime, Bloomfield went about its business while other neighborhoods got triage.
The drawback was being ignored.
Lawrenceville, Garfield and East Liberty came out of the mire with high-capacity staffs of community development nonprofits, while the Bloomfield Development Corp. morphed out of a merchants’ association with one staff person, Karla Owens, who left in 2012.
Now the Bloomfield Development Corp. is coming around the track on the inside, ready to assert the neighborhood’s presence with six years of funding, a new executive director and positive trends afoot.
Headquarters of the insurance company in Pittsburgh, , . Address 120 Fifth Ave., Downtown. (Photo credit: Wikipedia)
Editor’s note: Those folks at Highmark are gobbling up anything that’s not nailed down!
Erie, PA – The future of Saint Vincent Health System is now in the hands of Erie County Orphans’ Court.
Saint Vincent and Highmark Inc. have reached a definitive agreement for the Erie hospital to join Highmark’s integrated delivery system — the newly named Allegheny Health Network.
Saint Vincent would join Jefferson Regional Medical Center and West Penn Allegheny Health System in the network. The Pennsylvania Insurance Department announced its approval Monday of Highmark’s takeover of West Penn.
“We look forward to joining the Highmark (network) in the very near future, along with Jefferson Regional Medical Center and West Penn Allegheny Health System, as we work to preserve health-care choice and ensure access to the highest level of quality care for residents throughout all of western Pennsylvania,” Saint Vincent Chief Executive Scott Whalen said in a statement.