As it waits on state approval for its takeover of West Penn Allegheny Health System, Pittsburgh-based health insurer Highmark is currently recruiting a new executive management team for system, according to a Pittsburgh Post-Gazette report.
Highmark filed documents with Pennsylvania's insurance department last week, noting that John Paul — leader of Highmark's Integrated Delivery System — is heading the recruitment and hopes to have a permanent executive team within 90 days of the deal's closing.
Currently, Pittsburgh-based West Penn is led by an interim management team from Alvarez & Marsal Healthcare Industry Group.
The documents also revealed that Highmark has spent roughly $740 million of the $1 billion it hopes to spend on provider network development, according to the report.
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Highmark filed documents with Pennsylvania's insurance department last week, noting that John Paul — leader of Highmark's Integrated Delivery System — is heading the recruitment and hopes to have a permanent executive team within 90 days of the deal's closing.
Currently, Pittsburgh-based West Penn is led by an interim management team from Alvarez & Marsal Healthcare Industry Group.
The documents also revealed that Highmark has spent roughly $740 million of the $1 billion it hopes to spend on provider network development, according to the report.
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