Legacy Health

Legacy-PacificSource Partnership: The Business Case

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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.

Legacy, PacificSource Teaming up to Create New Regional Venture

The leaders of the two organizations met recently with Oregon Insurance Commissioner Laura Cali to discuss their plans.

Legacy Health and PacificSource Health Plans are engaged in active discussions to create a new venture known as PacificSource Affiliates, according to documents leaked to The Lund Report. The two organizations intend to create a strong community-based not-for-profit regional health plan.

A Look Back: Legacy Health Hikes Pay for Top Execs

The CEO’s total compensation drops to $1.65 million, but overall the nonprofit’s top workers see average hike of 8 percent

It pays to be at the top of the Legacy Health career ladder. The 23 top-paid workers at the nonprofit health system earned an average of $287,495 in base pay in the company’s 2013-2014 fiscal year.

Nearly $1 Million in Bonuses paid to Legacy Health Executives in 2012

Its four hospitals in Oregon collected $1.1 billion in net patient revenue in 2012 and employed 11,400 people. Dr. George J. Brown, its CEO, took home the highest bonus, $255,586.

To review the latest financial filing by Legacy Health, its 2013 records, click here. 

The bonuses are back. After offering almost no bonuses in 2011, Oregon-based Legacy Health brought back incentive pay for its executives in 2012, paying out more than $881,000 to its 13 highest paid executives on staff.

Silverton CEO Steps Down

Just as Silverton announced its merger with Legacy Health, its CEO is retiring.

It’s barely been two weeks since Silverton Health announced its affiliation with Legacy Health.

Now Rick Cagen, its president and CEO has announced his retirement effective July 1. Sarah Fronza will take over as interim CEO and continue the negotiations for the proposed partnership between Legacy Health and Silverton Health.

Silverton Hospital Chooses Legacy Health Over Providence

Late last year, Silverton was on the move to affiliate with Providence but pressure by community members and physicians about the influence of the Catholic Church ended those discussions.

Legacy Health has emerged as the big victor in the bid to purchase Silverton Hospital, outmaneuvering Providence Health & Services, which was considered the front runner until a few months ago.

Legacy and Samaritan Health Merger Unlikely in Near Future

In an interview yesterday, Larry Mullins, president of Samaritan Health Services, discussed the latest collaboration with Stanford Health Care and its cancer center.

Late last year, the word on the street pointed to a potential merger between Samaritan Health Services and Legacy Health. Together their 11 hospitals cover a very wide region, including the Portland metropolitan area and the western half of the state.

Legacy Health Introduces New Network of Independent Providers

Hopes are high, but many details still must be ironed out for 1,000 independent private practice providers in the Portland area to begin sharing data. Legacy Health Partners hopes to start treating patients in the network by January 2016.

Legacy Health has launched its own clinically integrated network designed to improve patient care and cut costs, but it's not expected to start operating for more than a year.

Moda Gives OEBB Members Choice: Join Coordinated Model or See 9% Hike

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The cost for the standard set of health plans at OEBB are spinning wildly out of control, leaving teachers little choice but to join in the coordinated care compact created by Moda Health that’s brought together major hospital and provider systems in the state including Asante Health, Merle West Medical Center, Salem Health, Legacy Health and OHSU.

The state’s school districts and teachers should get ready for a financial hit -- the Oregon Educators Benefit Board approved a whopping 9 percent premium increase for Moda Health and a 6 percent hike for Kaiser Permanen

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