OHSU’s Acquisition Of Legacy Health Cancelled

Plans to merge Oregon Health Science University with Legacy Health have ended. They’ve been working on the merger since 2023.

They say that due to the operating environment they should remain separate organizations.

Last week, OHSU reported a 71-million dollar loss over the last nine months.

Last month, the Oregon Health Authority’s community review board recommended blocking the merger.

OHSU’s Statement:

In August 2023, Oregon Health & Science University and Legacy Health announced their intent to combine and create an integrated health system. Today, the organizations have entered into a mutual agreement to terminate the transaction. After careful consideration of the evolving operating environment, the organizations have determined that the best way to meet the needs of the communities they serve is to move forward as individual organizations. OHSU and Legacy will remain focused on each health system’s individual strategic objectives, with the goal of remaining well-positioned to continue supporting their people, patients and communities. OHSU and Legacy Health will continue to promote the health and well-being of people in Oregon, Southwest Washington and beyond. 

Legacy Health Statement:

“In August 2023, Oregon Health & Science University and Legacy Health announced their intent to combine and create an integrated health system. Today, the organizations have entered into a mutual agreement to terminate the transaction. After careful consideration of the evolving operating environment, the organizations have determined that the best way to meet the needs of the communities they serve is to move forward as individual organizations.

Legacy Health appreciates the engagement of our employees, community members and partners, who have dedicated time to this process and shared their valuable ideas and perspectives. We will continue to work with communities across Oregon and Southwest Washington to create meaningful, positive impacts for generations to come.”

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