It is the second straight year OHSU has adopted a budget where revenues match expenses as the Portland-based system continues to fight ongoing financial challenges.
The $4.9 billion budget approval comes at a time when construction continues on a $650 million expansion of inpatient facilities with a 14-story patient tower. The board is also expected to soon approve an estimated $330 million expansion to its children’s hospital.
The two-hospital system’s outlook was revised to negative June 22 by S&P Global.
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