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Silverton Hospital Exploring Partnership Options

Silverton (Ore.) Hospital's board of directors is considering an affiliation with another health system, according to a Statesman Journal report.

Silverton CEO Rick Cagen recommended the board consider an affiliation due to increasing financial pressures. The hospital's operating margin is about 1 percent, which is not enough to maintain its facilities, update equipment and invest in capital, according to the report.

Silverton has already partnered with Renton, Wash.-based Providence Health for its telemedicine program. However, the hospital is seeking input from the medical community to determine whether another partnership is appropriate.

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