Samaritan Health Services, MultiCare Health System merger approved by Oregon regulator
The affiliation approved by the nonprofits' boards would create an 18-hospital system with more than $7.5 billion in revenues—and give MultiCare an acute care foothold in Oregon.
The Oregon Health Authority has approved a merger between Samaritan Health Services and MultiCare Health System, creating an 18-hospital system with a $7.5 billion valuation. State regulators reviewed the proposed merger under the OHA's Health Care Market Oversight (HCMO) program, ensuring it would not negatively impact Oregon citizens' access to affordable and equitable healthcare.
MultiCare pledged to invest $700 million into Samaritan, while Samaritan agreed to reinvest its operating margins into local communities. The merged system will maintain existing services and continue operating as independent organizations until the transaction completes in October 2026. Samaritan's President and CEO, Marty Cahill, stated that the affiliation would provide additional resources to improve facilities, technology, and services, ultimately benefiting the communities they serve.
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