providence

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

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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. 

Health Insurers’ Q1 Financial Filings Portend Difficult Year

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Commercial health insurers in Oregon struggled to stem financial losses through the first quarter of 2020, previewing what could be a chaotic year for the insurance industry as the coronavirus pandemic continues to upend the health care system.

Oregon Health Insurers Seek Modest Premium Increases For 2021

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Oregonians who purchase individual or small-group health insurance plans on the marketplace will see only modest rate increases in 2021, the second straight year cost growth has been held largely in check after years of steep price hikes.

Merger Of CareOregon Into Providence Off Over CareOregon’s Independence, Secular Status

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CareOregon and Providence Health & Services have called off their planned merger after their months-long talks deadlocked and amid a groundswell of opposition from local health care advocates and state and county officials.

Hospitals Cut Pay, Hours In Response To Plunging Revenues

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Oregon’s big hospital systems were sitting pretty just three months ago after years of steady growth and profits. But now they’re grappling with the sudden monetary fallout of the coronavirus pandemic.

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