Tag:

Kenneth Melani

Latest Headlines

Latest Headlines

Highmark: CEO fired for lying, 'willful' misconduct

The drama continues to unfold around Highmark, as the insurer and its ousted CEO's attorney exchange barbs and accusations in the media. Highmark now has disclosed the reasoning behind its decision

Highmark fires CEO Melani, will investigate expenses

It's been a busy two weeks for Highmark in the wake of CEO Kenneth Melani's arrest and alleged affair . And now Pennsylvania's largest insurer has announced that it fired Melani and will investigate

Highmark CEO on unpaid leave after assault charges

Highmark CEO Kenneth Melani has been placed on unpaid leave after he was arrested and charged with assault and trespassing. After an emergency board meeting, the Pittsburgh-based insurer announced

Highmark's takeover of failing hospital chain moves forward

Highmark's purchase of West Penn Allegheny Hospital System (WPAHS)--and its $800 million in debt--is almost complete after both organizations signed an agreement to affiliate. With its takeover of

Highmark invests $475M to acquire failing hospital chain

When Highmark announced it was spending $475 million to acquire West Penn Allegheny Health System, which is currently $800 million in debt, many concerns were raised that the move inappropriately