Allegheny Health Network requests $55M for LifeFlight helicopter acquisition and leasing

Allegheny Health Network is requesting financing of up to $55 million for the acquisition and leasing of four LifeFlight helicopters.

The Allegheny County Hospital Development Authority has been asked to authorize health facilities revenue notes for West Penn Allegheny Health System Inc., a subsidiary of AHN. It wasn’t clear from an agenda item whether the $55 million would cover the entire cost of the LifeFlight choppers.

AHN confirmed that the system is looking to replace four of the helicopters. Most of the choppers have been in use since 2007…

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