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Independent health news for Oregon and SW Washington

Oregon Nonprofit Hospitals With Losses But Big Reserves Rake In CARES Money

While hospitals cite their recent revenue drops and plead for money from lawmakers, they often are sitting on healthy reserve accounts that they built up in the boom years.
June 8, 2020
 
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SHUTTERSTOCK

Portland-based Legacy Health received about $40 million in federal aid in recent weeks for its five Oregon hospitals to help them cope with the cor