The Oregon Health Authority approved, with conditions, a deal that would transfer ownership of McKenzie-Willamette Medical Center in Springfield from a for-profit company to a nonprofit.
In June, Lookout Eugene-Springfield reported that the Tennessee-based, private-equity backed Quorum Health hoped a merger with nonprofit Healthside Partners would help the hospital prepare for looming Medicaid cuts.
Under the proposed deal, Healthside Partners will acquire Quorum Health, which owns and operates McKenzie-Willamette Medical Center and other facilities in Oregon, including the McKenzie Medical Group…