Here are five things to know:
1. Legacy Health saw a net income of $64.7 million in the second quarter of fiscal 2025, up from $12 million in the second quarter of fiscal 2024.
2. Total revenue for the health system was $744.8 million for the three months ended Sept. 30, a 10% increase from $675.2 million for the same time period in 2023.
3. Total expenses for Legacy were $747.9 million in the second quarter of fiscal 2025, up 9% from $687.1 million in the second quarter of fiscal 2024.
4. Legacy’s long-term debt was $443.2 million on Sept. 30, 2024.
5. In late September, Portland-based Oregon Health & Science University filed a healthcare market oversight notice with the Oregon Health Authority that detailed plans to merge with Legacy, creating a 12-hospital system. The transaction is expected to be complete by spring 2025.
