WPAHS/Highmark end partnership

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WPAHS/Highmark end partnership

Postby crayz on Fri Sep 28, 2012 12:02 pm

http://www.bizjournals.com/pittsburgh/n ... a=e_pit_bn

this is pretty big news in the HC market for Pittsburgh.

still shocked.
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Re: WPAHS/Highmark end partnership

Postby newarenanow on Fri Sep 28, 2012 12:09 pm

I don't know much about healthcare and haven't followed too closely, but do you think this move is due to an impending deal with HighMark and UPMC to extend their contract?
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Re: WPAHS/Highmark end partnership

Postby mac5155 on Fri Sep 28, 2012 1:20 pm

I wouldn't think so.. if anything, it means UPMC and WPAHS have come to an agreement, leaving Highmark out. Right?
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Re: WPAHS/Highmark end partnership

Postby crayz on Fri Sep 28, 2012 1:38 pm

WPAHS had a agreement with Highmark. It was a done deal, transition was already happening....today is a complete shock

I'm guessing partially once they got in and saw the books, they wanted more change and less risk - wpah didn't like it

i'm sure more details will come up soon - but still, pretty crazy
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Re: WPAHS/Highmark end partnership

Postby mac5155 on Fri Sep 28, 2012 1:49 pm

In other words, this can't be good fir Highmark adn their customers.
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Re: WPAHS/Highmark end partnership

Postby crayz on Fri Sep 28, 2012 1:54 pm

mac5155 wrote:In other words, this can't be good fir Highmark adn their customers.


don't necessarily think that

Highmark does a lot of things, like bcbs insurance ---- this brought he hospital

Highmark will be just fine - it may actually help them on the insurance side w/ upmc potentially
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Re: WPAHS/Highmark end partnership

Postby mac5155 on Fri Sep 28, 2012 2:00 pm

crayz wrote:
mac5155 wrote:In other words, this can't be good fir Highmark adn their customers.


don't necessarily think that

Highmark does a lot of things, like bcbs insurance ---- this brought he hospital

Highmark will be just fine - it may actually help them on the insurance side w/ upmc potentially


How so, though? I don't get it - if their insurance isnt accepted in Pittsburgh hospitals, isn't that a bad thing?
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Re: WPAHS/Highmark end partnership

Postby Letang Is The Truth on Fri Sep 28, 2012 2:47 pm

mac5155 wrote:I wouldn't think so.. if anything, it means UPMC and WPAHS have come to an agreement, leaving Highmark out. Right?


i dont think there are other agreements in place. i think this is wpahs sticking up for themselves and forcing highmark to get serious about an acquisition.
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Re: WPAHS/Highmark end partnership

Postby JeffDFD on Fri Sep 28, 2012 5:43 pm

The CEO of Highmark has already come out and said that what WPAHS is saying in order to try to get out of the deal isn't really true and he still sees the partnership as happening and in the best interest of both companies and the market.

Probably posturing for a better deal, but who really knows nowadays

Even if they were to separate, all of the hospitals including WPAHS still have or can negotiate contracts with Highmark

Highmark still has a very large presence in Central PA and has national business and government business...as well as back end business unrelated to providing services (processing, etc)

UPMC and Highmark still have a contract until the end of 2014


This is interesting to see for sure and I am curious as to what is happening
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Re: WPAHS/Highmark end partnership

Postby DocEmrick on Fri Sep 28, 2012 7:23 pm

Highmark just went on a hiring binge, so this isn't going to help.

I'm sure the ex-CEO getting his ass beat up for adultery didn't help things either.
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Re: WPAHS/Highmark end partnership

Postby shafnutz05 on Fri Sep 28, 2012 7:40 pm

My company works closely with West Penn, and this whole affair has been absolutely fascinating to watch unfold from the beginning.
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Re: WPAHS/Highmark end partnership

Postby Letang Is The Truth on Wed Oct 17, 2012 9:29 am

highmark affiliating with st vincent in erie

http://www.post-gazette.com/stories/bus ... em-657876/
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Re: WPAHS/Highmark end partnership

Postby JeffDFD on Wed Oct 17, 2012 10:24 am

Highmark and WP are talking and being nice too...but who knows what will happen from here
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