Allegheny to study restricted fund use

Article Abstract:

Allegheny Health, Education and Research has appointed a special team of trustees to look into the firm's use of all endowed and restricted funds. The company also directed the committee to report their findings to its foundation board and the state attorney general. Allegheny CEO Anthony M. Sanzo stated that the committee would review all the transactions associated to the funds and would employ an outside law firm to help the investigation. Allegheny spokesman Jack Frank stated that the formation of the committee was due to questionable activities reported in The Inquirer.

Comment:

Appoints a special team of trustees to look into the firm's use of all endowed and restricted funds

Health Care and Social Assistance, Medical & Health Services, Medical care, Article, Allegheny Health, Education and Research Foundation

---

Area hospitals' 1998 death rates at expected level

Article Abstract:

A new report released by the Pennsylvania Health Care Cost Containment Council has said Southeastern Pennsylvania hospitals charge more for patient services than the rest of the state. But the death rate levels in the region met the statewide average.

Hospitals

---

Similar abstracts:

• Abstracts: Much left to resolve regarding Allegeny; the sale of eight hospitals to Tenet Healthcare starts a new chapter for creditors
• Abstracts: Glaxo looks to its first product to help it breathe more easily. Kvaerner reported selling its shipyards
• Abstracts: Financial service firm gets funding. Local companies set a record for venture funding
• Abstracts: Acme Markets' parent company to be acquired. Job cuts, closings planned at firm

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.