Oregon Medical Group, a multi-specialty group with more than 100 physicians based in Eugene, has parted ways with Community Health Systems and returned to independent ownership, according to a Register-Guard report.
The group had been part of Nashville, Tenn.-based CHS since 2007, when CHS bought the group's parent, Triad, a large for-profit hospital system based in Plano, Texas. OMG did not disclose terms of the deal or how it raised funds to separate from CHS.
CHS is also the parent of McKenzie-Willamette Medical Center in Springfield, Ore., and OMG physicians will continue to refer patients there, according to the report.
Read the Register-Guard report on Oregon Medical Group.
Read more about physician groups and hospitals:
- Cardiologists Knocking at Your Door? How to Determine if Acquiring a Heart Group is Right for Your Hospital
- Physician Hospital Contracting – A Compliance Approach: 11 Key Concepts
The group had been part of Nashville, Tenn.-based CHS since 2007, when CHS bought the group's parent, Triad, a large for-profit hospital system based in Plano, Texas. OMG did not disclose terms of the deal or how it raised funds to separate from CHS.
CHS is also the parent of McKenzie-Willamette Medical Center in Springfield, Ore., and OMG physicians will continue to refer patients there, according to the report.
Read the Register-Guard report on Oregon Medical Group.
Read more about physician groups and hospitals:
- Cardiologists Knocking at Your Door? How to Determine if Acquiring a Heart Group is Right for Your Hospital
- Physician Hospital Contracting – A Compliance Approach: 11 Key Concepts