Salem Health

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. 

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.

Briefly: Salem Hospital At Near Capacity

Salem Hospital officials warned the public on Thursday that the facility is packed with patients.

The hospital system said it would not turn anyone away but advised patients to go to an urgent care clinic or see a primary care physician if possible.

In Competitive Marion County, Salem, Santiam Hospitals See Higher Margins

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In this annual in-depth review of hospitals, Salem Health shows continued profits despite end to OHSU partnership, and Santiam sees margins climb – but also charity care expenses.

Marion County is a particularly competitive marketplace for Oregon Hospitals. In the state capital, Salem Health is a major player. Twelve miles away, Santiam seeks to compete. Legacy Silverton Hospital, profiled earlier by The Lund Report, is also part of the market.

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