To avoid insolvency, the business needs to be bought quickly by UnitedHealth Group without the service guarantees that the state had earlier sought, officials say
Mar 13
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Pictured: the North Albany building of The Corvallis Clinic, P.C.
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COURTESY OF THE CORVALLIS CLINIC, P.C.
Owners of clinic group say the locally owned business is in a financial emergency that warrants immediate purchase by the global health care giant UnitedHealth Group
Mar 12
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Pictured: the North Albany building of The Corvallis Clinic, P.C.
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COURTESY OF THE CORVALLIS CLINIC, P.C.
The 11-clinic chain’s ownership says financial struggles threaten quality of care, but critics want other options considered, saying the proposal would hurt patients
CareOregon leaders stood to win big, but a review said the public interest would suffer if the nonprofit merged with California-based SCAN Group. Proponents don't agree.
CareOregon has grown rapidly and of late has drawn scrutiny for high profits. Though its leadership says its financial success may not last, critics don’t want control of the nonprofit’s $1 billion portfolio of cash and investments to leave Oregon
Jan 13
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Pictured: the North Albany building of The Corvallis Clinic, P.C.
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COURTESY OF THE CORVALLIS CLINIC, P.C.
Advisory committee says Oregon should reject the absorption of the low-income care provider by a California entity unless clear information is provided
Oregon advisory committee will consider a draft recommendation saying the nonprofit’s absorption into a California entity could harm low-income Oregonians and shouldn’t be approved