Legacy Health

PacificSource Health Plans and Legacy Health Finalize Partnership

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. 

Legacy Health Adds New Hospital to Nonprofit Chain, Invests Millions in Equipment Upgrades

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Growing nonprofit ended 2015 fiscal year with $2.1 billion in assets, $156.6 million net revenue above expenses

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.

Leaked Documents Show Legacy Health Brought in $2.09 Billion in Patient Billings While Operating Expenses Reached $821.5 Million

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From hospital discharges to FTEs to finances, the numbers behind Legacy’s five Portland-area hospitals

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.

PacificSource Health Plans and Legacy Health Sign Definitive Agreement

Definitive Agreement submitted to Oregon Insurance Commission for regulatory review and approval

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.

Leaked Documents Show Legacy Health Brought in $2.09 Billion in Patient Revenue While Operating Expenses Reached $821.5 Million

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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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From hospital discharges to FTEs to finances, the numbers behind Legacy’s five Portland-area hospitals

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.

Legacy-PacificSource Partnership: The Business Case

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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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Internal documents show upbeat forecasts that underpin a planned partnership between two major Oregon healthcare companies

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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