Norman Gruber, president and CEO of Salem Health, said in a news release the two organizations are discussing a potential affiliation, but nothing definitive has been signed yet. “However, I am encouraged by our progress to date,” he said.
Terms of a potential deal were not disclosed. This past November, Salem Health announced it had received partnership offers from seven different healthcare organizations. The two-hospital system has been looking for a partner for a few years “because we want to be in front of the changes that are coming,” Mr. Gruber said previously. “We want to be able to pick a partner and not be forced into a partnership.”
OHSU is Oregon’s only academic medical center and includes OHSU Hospital and OHSU Doernbecher Children’s Hospital, both in Portland. Salem Health already partners with OHSU on one service line, as the Salem Cancer Institute and OHSU Knight Cancer Institute have been affiliated for several years.
More Articles on Hospital Transactions:
Troubled Transactions: Why There’s Still Hope for Financially Struggling Hospitals
UW Medicine, Capital Medical Center Announce Partnership
Report: Significant Hospital M&A Activity Likely to Continue This Year
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.