Kristine de Leon

2 weeks ago | finance.einnews.com | Kristine de Leon

Oregon Health & Science University is grappling with deeper financial troubles than expected, as losses continue to mount ahead of its planned acquisition of its longtime rival Legacy Health. The university reported this week that it has racked up $71.5 million in losses through the first nine months of the fiscal year — putting it on course for a $95 million deficit by June, when the current fiscal year ends.

2 weeks ago | oregonlive.com | Kristine de Leon

Oregon Health & Science University is grappling with deeper financial troubles than expected, as losses continue to mount ahead of its planned acquisition of its longtime rival Legacy Health. The university reported this week that it has racked up $71.5 million in losses through the first nine months of the fiscal year — putting it on course for a $95 million deficit by June, when the current fiscal year ends.

2 weeks ago | chronline.com | Kristine de Leon

The average visit to an emergency department in Oregon last fall took about five hours and 12 minutes, continuing a downward trend underway since 2022. That’s according to the Oregon Health Authority’s new online tool that provides quarterly insights on what happens inside the state’s hospitals and emergency departments — from how long patients stay and what insurance coverage they have to where they go after being discharged.

2 weeks ago | chronline.com | Kristine de Leon

The Oregon Senate voted Wednesday to shield patients’ medical debt from credit reports. Senate Bill 605, which passed the chamber 18-10, would prohibit medical providers — like hospitals and clinics — and debt collecting agencies from reporting unpaid bills to credit bureaus. The bill now heads to the Oregon House. Supporters say SB 605 would protect consumers from the financial repercussions of medical debt that, unlike other forms of personal debt, they have little choice but to shoulder.

2 weeks ago | oregonlive.com | Kristine de Leon

The Oregon Senate voted Wednesday to shield patients’ medical debt from credit reports. Senate Bill 605, which passed the chamber 18-10, would prohibit medical providers — like hospitals and clinics — and debt collecting agencies from reporting unpaid bills to credit bureaus. The bill now heads to the Oregon House. Supporters say SB 605 would protect consumers from the financial repercussions of medical debt that, unlike other forms of personal debt, they have little choice but to shoulder.