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West Penn Allegheny loses nearly $38M for year

Pittsburgh Post-Gazette, October 30, 2012
Operating losses at the West Penn Allegheny Health System climbed to $112.5M in the fiscal year ending June 30, more than double the previous year's total. Although the health system saw a $40.7M profit for the fourth quarter, it lost $37.8M overall for the year. Spokeswoman Kelly Sorice said that while losses increased from last year, "it also is better than the WPAHS results that Highmark projected to the Pennsylvania Insurance Department."