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The Oregon Health & Science University could lose up to $425 million over the next two years if it doesn’t take swift action, OHSU leaders told staff this week.
Depending on the severity of the economic crisis induced by coronavirus, as many as 430,000 Oregonians could lose their employer-sponsored health plans in coming months, and most of those people – 320,000 – would turn to the Oregon Health Plan, the state’s version of Medicaid for low-income residents, a new report forecasts.
Gov. Kate Brown has appointed Andrew Stolfi director of the Department of Consumer and Business Services, a regulatory agency with broad oversight of the individual and small-business health insurance business in Oregon.
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Fallout from the coronavirus pandemic is likely to hit Oregon’s Medicaid program.
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Oregon Health & Science University predicts it will drop deeply into the red in the next few months if it is swamped by COVID-19 patients.
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As state health care providers brace for waves of coronavirus patients, it’s uncertain how Oregon hospitals and health insurers will handle the financial strain.
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A new five-year round in Oregon’s Medicaid system has just begun and already it’s taken a toll on Trillium Community Health Plan, a for-profit insurer facing competition for the first time on its home turf.
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Oregon Health & Science University continues to be a money machine.
