The Oregon Health Authority has granted emergency approval for a merger between the Corvallis Clinic and Optum Oregon, a division of the largest for-profit healthcare company in the country. Attorneys for the Corvallis Clinic said the business was running out of cash and would have to start layoffs and stop seeing patients unless the state approved the merger right away. State regulators looked at the Corvallis Clinic’s bank statements and payroll and agreed there was an immediate emergency.
Read the full article: Oregon Approves Controversial Corvallis Clinic, Optum Merger //
Source: https://www.opb.org/article/2024/03/13/corvallis-clinic-optum-merger-oregon-health-care/