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
Comments

One Comment

  1. Hit Boy says:

    Let them spend some of the profits that they are NOT supposed to make!

  2. Boo Hoo says:

    Too bad for the “Not For Profit” organization – HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHHA

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