money flow

Komen Decision to Sever Ties with Planned Parenthood Doesn’t Impact Oregon

Nevertheless, it’s sad that Komen has allowed itself to be bullied, according to David Greenberg, CEO of Planned Parenthood of the Columbia Willamette
February 2, 2012 -- Oregon-based Planned Parenthood affiliates will continue to provide cancer screening services despite a decision by Susan G. Komen For the Cure®, a national organization that raises funds for breast cancer screenings and research, to officially sever ties with Planned Parenthood. Read More >>

Regence BlueCross BlueShield Commits $600,000 to Umpqua Golf Tournament

Yet when the tournament handed over $100,000 to its non-profit partners, Mark Ganz, CEO of Cambia Health Solutions, didn’t attend the press conference earlier this week
January 25, 2012 -- When Umpqua Bank President and CEO Ray Davis joined Peter Jacobsen to give $100,000 to the “I Have a Dream” Foundation and the Randall Children’s Hospital at Legacy Emanuel, one sponsor was missing from the podium – Mark Ganz – and no one mentioned his name. Read More >>

PeaceHealth Loses Medicaid Contract with Columbia United Providers in Washington

Columbia United Providers lost its bid to participate in Medicaid by the Washington Health Care Authority
January 25, 2012 – Regence Blue Shield isn’t the only insurance company in Washington that won’t participate in Medicaid during fiscal 2012-13. Read More >>

Curry Health Network Reduces its Work Force

CEO Bill McMillan is confident the hospital can meet the community’s healthcare needs
January 23, 2012 -- Even as Curry County’s unemployment rate inches downward, the CEO of the Curry Health Network, Bill McMillan, announced a work force reduction in the network’s three operating facilities. He said the 23 positions eliminated could save the network big money in a bad economy. Read More >>

Potential Conflict of Interest for Salem Health’s New Clinic

At the same time, Norm Gruber, president of Salem Health, is exploring the feasibility of creating a physician-hospital organization
January 19, 2012 – Salem Health has announced that it’s opening a new clinic in May, known as Willamette Health Partners Family Medicine in West Salem. It will be staffed by three physicians who currently practice in the Salem Hospital campus clinic -- Drs. Rashanda Brown, Patricia Otis and Anna Techentin. Read More >>

Managed Care Plans Have $252 Million in Their Reserve Accounts

The big question is what happens to these reserves held by the 14 plans that provide healthcare to Oregon Health Plan members
January 19, 2012—Oregon’s preparing to launch a major healthcare transformation that will lead to the creation of coordinated care organizations (CCOs) and integrate physical, mental and dental care for more than 600,000 people on the Oregon Health Plan. Read More >>

Legacy Health System Cuts Work Force by 400

Oregon is expected to save $3.2 billion over the next five years by transforming its healthcare system with many of those reductions coming from hospitals
January 18, 2012 -- Legacy Health System is preparing to reduce its work force by 400 employees because of a $40 million budget gap that includes $30 million in Medicaid payment reductions. Employees will be notified by February 15. Read More >>

Washington’s Insurance Commissioner Probes into Regence BlueShield

Mike Kreidler has launched a market conduct examination of Regence BlueShield and Asuris Northwest, following an investigation earlier this year
December 15, 2011 -- Mark Ganz, CEO and president of Cambia Health Solutions (formerly known as The Regence Group), isn’t out of the woods yet. Read More >>

Debt restructuring, Plans for Nutritional Center Take Center Stage at OHSU

At its board meeting last Friday, a plan was approved to restructure its variable rate debt to a more stable structure
December 6, 2011 – Oregon Health & Science University intends to restructure approximately $210 million of its variable rate debt, and replace old auction rate debt with a more stable funding structure following Friday’s board meeting. Read More >>

CMS Fines Regence $100,000 for Medicare Violation

The board members of The Regence Group listed below represent the company’s four states – Oregon, Washington, Idaho and Utah
November 30, 2011 – The Centers for Medicare and Medicaid Services has imposed a $100,000 civil penalty against The Regence Group for failing to provide accurate information to its Medicare Advantage members. The Regence Group is the holding company for the company’s insurance products in Oregon, Washington, Idaho and Utah. Read More >>
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