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More in Financial Management

For executives at West Penn Allegheny Health System (pdf), fiscal year 2012 was as bad as feared. The Pittsburgh-based health system recorded operating losses of $112.5 million, and after factoring in investment income and donations, West Penn still lost $37.8…

Atlanta-based SunLink Health Systems (pdf), which operates five acute-care hospitals in the Southeast, finished the fourth quarter of its 2012 fiscal year with a profit of $5.11 million — a significant change from the $11.3 million in losses the for-profit…

It is critical healthcare providers receive payment in full for the services they provide as quickly as possible, but patient participation in the payment for healthcare services has made the whole process far more complex for healthcare providers. By better…

Fitch Ratings has downgraded the $737 million in outstanding debt of West Penn Allegheny Health System in Pittsburgh to "CCC" from "B+" in light of the health system's failed merger talks with health insurer Highmark.

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