OHSU and Legacy call off merger as both systems struggle financially
- On May 5, 2025, the two healthcare organizations announced they had decided to call off their previously planned merger that would have unified their systems.
- Following a thorough evaluation of changing conditions and regulatory concerns about potential market effects, the organizations chose to terminate the agreement.
- The merger would have created Oregon's largest health system, comprising ten hospitals, with OHSU committing $1 billion to upgrade Legacy's facilities as part of the deal.
- OHSU reported a $75.1 million loss in the prior nine months and predicted a $95 million deficit by June, while both systems faced financial challenges and opposition over potential specialty care monopoly risks.
- Both organizations concluded they can better serve their communities by moving forward independently, although labor groups expressed disappointment but will continue advocating for frontline caregivers.
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OHSU, Legacy Health announce end to merger plans, labor union 'disappointed'
PORTLAND, Ore. (KOIN) – The long-planned merger between OHSU and Legacy Health has come to a sudden end. According to the Oregon Nurses Association, the two organizations have “mutually agreed to end their deal to merge” — more than a year since they announced the plan in August 2023. Car on Highway 26 erupts in flames during morning rush hour in Portland The announcement comes just a month after a community review board announced its oppo…
OHSU drops plan to acquire Legacy Health
OHSU and Legacy Health have mutually agreed to walk away from a deal that would have combined the two health systems.Last August, OHSU had agreed to acquire Legacy’s eight hospitals and $3 billion in assets, with a promise to invest $1 billion in upgrades to Legacy’s facilities.“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…
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