Allegheny County Rejects UPMC Bond Issue

PITTSBURGH (NewsRadio 1020 KDKA) — Allegheny County has canceled plans to float $335 million dollars in tax-free bonds for UPMC. 

Friction over UPMC’s stand-off with healthcare insurer, Highmark apparently doomed this deal.

County Council President Jim Burn talked to the KDKA Afternoon News with a closer look at what happened.

More from KDKA Afternoon News

More From CBS Pittsburgh

Bringing You The Best in Sports Talk Radio
New Podcast Network

Listen Live