OHSU-Legacy Health: Cost
OHSU and Legacy Health plan to join as one health care system called OHSU Health. We see this as a once-in-a-generation chance to expand access to quality care in every community. Together, we can better achieve our missions to serve the people of Oregon.
OHSU and Legacy both face financial challenges from rising costs. Those challenges are significant for Legacy and led it to seek a strategic partner in OHSU.
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Cost
Here are some ways we’re committing to cost.
Growth:
We have a goal of sustainable average cost growth. That means we will manage our spending in a way that keeps us financially stable.
Accountability:
As a public entity, OHSU is accountable to the state and the people of Oregon. We have no incentive to increase costs past what we need for financial stability.
Health care:
We’ll be able to coordinate care and services across OHSU and Legacy locations. This will let us provide cost-effective delivery. Under cost-effective delivery, we look for the best care possible for you at a cost you can afford.
Efficiency:
We’ll take advantage of economies of scale. This means that as one system, we’ll have access to more capital and lower costs — like when you buy in bulk. We’ll put the savings in care delivery, technology and resources. We’ll also share services and get rid of duplication. This will help limit costs.
Investment:
OHSU plans a $1 billion investment in current Legacy locations. Compared to building new locations, this will lead to lower cost increases in the long run.
State review
Oregon law requires a review of the OHSU-Legacy proposal by the state’s Health Care Market Oversight program.
This review includes a public comment period. See how to comment and read public comments so far. OHSU also is accepting comments. Email us at [email protected].