The Oregon Health Authority expects to release detailed information very soon about which coordinated care organizations will see their rates decrease for 2015 after the agency reviewed their cost reports. Lynne Saxton, OHA’s director, shared that news with the Health Policy Board yesterday morning.
The Lund Report has heard that Portland-based FamilyCare will take the biggest hit – perhaps a 36 percent retroactive rate decrease. Although that information could not be confirmed by press time, it’s widely known that FamilyCare reported $70 million in net income – profit – in 2014. We were the first major news outlet to break that news based on information obtained from the Oregon Health Authority.
You can definitely count on The Lund Report to reveal what’s going on behind the scenes because we pride ourselves on our fearless coverage of Oregon’s healthcare industry – our courage rankles the insider crowd but won’t stop us from telling the truth.
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We’re also on the lookout as speculation grows that Centene Corporation, a Fortune 500 company, wants an even greater presence in our community by not only paying millions of dollars to purchase the coordinated care organization in Lane County, but spread its tentacles elsewhere. If you believe in what we do, now is the time to step up and make a donation. The Lund Report has been given a very generous $31,000 challenge grant, and we’re inching our way forward – having already received more than $11,000 in donations and another $9,600 in pledges from readers such as yourselves.
Your dollars will go very far in taking The Lund Report to the next level where we can not only stay on top of the latest health policy developments, but focus on more intensive projects, giving you – our readers – insights into issues that you won’t find elsewhere.
Naturally, we value any and all contributions no matter the amount. However, this challenge grant comes with special conditions. We’re on the lookout for new donors – people who read our stories each and every week but haven’t had the opportunity yet to make a donation.
And, if you’re already one of our faithful donors, any increase in your annual contribution also counts toward this matching grant.
Please consider making a tax-deductible donation today by mailing your check to The Lund Report at POB 82841, Portland 97282 and I’ll be pleased to send along a receipt for tax purposes since we’re recognized as a 501-C-3 by the IRS. Or, if you prefer, you can use your credit card by logging onto our site – www.thelundreport.org – and clicking the Donate button. Your contribution can also be acknowledged on our Sponsorship page.
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Diane can be reached at diane@thelundreport
