Court OKs trustee for Allegheny
Article Abstract:
Creditors of Pennsylvania's Allegheny health system have received approval from the US Bankruptcy Court for their request that an independent trustee be appointed. The trustee will be charged with ensuring that Allegheny's profitable western-Pennsylvania assets will be used to help pay the systems $1.5 billion in debts. The Pennsylvania Attorney General's office filed objections to the appointment of a trustee, saying the nonprofit western hospitals should be made autonomous from Allegheny.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1998
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Hard-won hope at Woman's Medical
Article Abstract:
Medical College of Pennsylvania (MCP) Hospital, Philadelphia's second-largest hospital company, now known as Woman's Medical Hospital, has made progress as a nonprofit organization headed by, 54-year-old cardiologist Nancy Pickering. Although the number of patients at the hospital were between 35 and 50 a day during the week of December 12, 2004, people are concerned about the level of staffing that would lead to patients being transferred to other area hospitals.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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Blue cross faces transition, rivals
Article Abstract:
The insurer faces new challenges to its dominance of the region's health insurance market after the death of Independence Blue Cross president and chief executive officer G. Fred DiBona Jr. Under DiBona's leadership, Blue Cross has grown from a traditional health insurer with 2.1 million members and annual revenue of $1.3 billion, to a managed-care company with 3.6 million subscribers and $10 billion in revenue.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2005
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