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Many others are being penalized as part of federal Medicare programs that cut pay to hospitals for frequent readmission of sick patients and hospital-acquired infections.
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Patient volumes and revenues are in line with the company’s projections, according to a report covering the first quarter of this fiscal year.
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The relentless rise of health care costs, which account for nearly one-fifith of the economy, is a bane to the country, but experts disagree about how to stem them to bring the United States in line with other industrialized countries, which spend far less on health care.
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The state expects to have enough money to pay for the added members through March 31, thanks to emergency funding from the federal government.
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The request comes at a time when the state is trying to curb health care costs but Salem Health says it is trying to make up for a lag in prices in the past.
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A panel that's developing a plan to curb runaway health care costs in Oregon discussed ways to ensure that quality of care won't be compromised and health disparities are reduced.
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PacificSource fared well but so did PrimaryHealth of Josephine County, which came out on top in the grants but failed to win another CCO contract.
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The administration is seeking approval to spend nearly $70 million on salaries just months after imposing cuts as a pandemic austerity measure.
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Numbers released by the Oregon Health Authority show expected declines after the pandemic hit but do not include an infusion of federal cash or revenue from the resumption of nonemergency procedures.
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More than half of $50 million is going to hospitals that are owned by large, financially resilient nonprofit hospital systems with substantial investment portfolios and net worths.
