A philanthropist has awarded Legacy Good Samaritan Medical Center in Northwest Portland $5 million.
After nine years of leading Legacy Health through the uncharted waters of health care reform; record organizational growth; and the early adoption of many health care innovations, George J.
Springfield-based PacificSource Health Plans and Portland-based Legacy Health have finalized their partnership. The two organizations initially signed a Letter of Intent in late 2015 to pursue a partnership, and with the agreement finalized today, the new alliance has formally begun.
One of the state’s newest mergers is under way between large Portland-based Legacy Health and a small Willamette Valley community hospital.
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In an era of hospital consolidation, one of the state’s newest mergers is underway between a large Portland-based chain and a small Willamette Valley community hospital.
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Legacy Health’s profits were far lower than the nonprofit health system expected in the first six months of its April-to-March fiscal year, dragged down by poor investment performance despite a better-than expected operating margin, according to confidential documents leaked to The Lund Report.
Springfield-based PacificSource Health Plans and Portland-based Legacy Health took another important step toward creating a new partnership, when their respective Boards of Directors approved and both organizations signed a Definitive Agreement to proceed with plans to formalize the partnership.
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Legacy Health’s profits were far lower than the nonprofit health system expected in the first six months of its April-to-March fiscal year, dragged down by poor investment performance despite a better-than expected operating margin, according to confidential documents leaked to The Lund Report.
Healthcare markets are undergoing disruption, and that’s created an opportunity for fast-acting leaders to gain market share, according to internal documents detailing plans for a partnership between Legacy Health and PacificSource.
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To read further, please sign up for a premium subscription. You can also read more about standard and premium subscriptions here. Your subscription dollars are tax deductible and support the in-depth stories you appreciate from The Lund Report. If you believe you already are a premium subscriber, you are already logged in, and you are getting this message, please contact [email protected] Thanks!
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Healthcare markets are undergoing disruption, and that’s created an opportunity for fast-acting leaders to gain market share, according to internal documents detailing plans for a partnership between Legacy Health and PacificSource.
