Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania - S&P Global Ratings’ Credit Research

Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania

Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania - S&P Global Ratings’ Credit Research
Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania
Published Jun 04, 2015
Published Jun 04, 2015
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Abstract:

NEW YORK (Standard&Poor's) June 4, 2015--Standard&Poor's Ratings Services said today that its ratings on Highmark Inc. are unaffected by the announced completion of Highmark's merger with Blue Cross of Northeastern Pennsylvania (BCNEPA). This announcement comes on the heels of approval from the Pennsylvania Insurance Department allowing the company to merge under the umbrella of Highmark Inc., operating under the Highmark Blue Cross Blue Shield brand. We view this merger as playing to Highmark's strength of executing on its strategy to consolidate with other Blue Cross Blue Shield plans, while gaining operational efficiencies and scale in its markets. This merger allows Highmark to add scale in its core Pennsylvania market, especially in the Pocono Mountain and Wyoming

  
Report Type:

Bulletin

Ticker
7177Z
Issuer
GICS
Managed Health Care (35102030)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania" Jun 04, 2015. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Highmark-Inc-Ratings-Unaffected-By-Merger-With-Blue-Cross-Of-Northeastern-Pennsylvania-1402398>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Highmark Inc. Ratings Unaffected By Merger With Blue Cross Of Northeastern Pennsylvania Jun 04, 2015. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Highmark-Inc-Ratings-Unaffected-By-Merger-With-Blue-Cross-Of-Northeastern-Pennsylvania-1402398>
  
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