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A state report says the average hospital operating profit for 2020 was 3.3%, thanks in part to a boost from CARES Act money.
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Two former employees filed a complaint, seeking class-action status, that accuses PeaceHealth’s timecard rounding system of favoring the company, which is illegal.
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But supporters say the facility would serve a need, even if it didn’t fix Oregon’s tangled and inadequate behavioral health care system.
New financial filings show that many enjoyed handsome returns from their bond and stock portfolios.
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The agreement between OHSU and Holder’s law firm does not set a limit on the cost of the investigation of the institution's handling of sexual assault cases and racial bias complaints.
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Oregon’s flagship health care facility reports strong investment income and investment portfolio growth help to provide a backstop as expenses rise.
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Developing the initial list, which likely will be fine-tuned later, is another step in the process of trying to keep the annual growth in health care spending below 3.4%.
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State officials say extra federal money has covered the extra cost so far, but that it may not be sufficient in the second half of this year.
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Under Oregon’s certificate of need process, critics and supporters will likely put the 100-bed project in Wilsonville, first proposed in 2016, under a microscope.
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But hospital leaders say last year’s temporary boost from the federal CARES Act bailout conceals continuing financial shortfalls at Oregon hospitals.
