066 Samaritan-MultiCare

Line of arrows that says submission, preliminary review, 1 year, 2 year, 5 year review. Preliminary Review complete.

OHA completed a 30-day preliminary review of this transaction on August 24, 2026. The transaction was approved with conditions. The transaction is also being reviewed by CCO Form A and DCBS Form A.

For any questions, email hcmo.info@oha.oregon.gov.

OHA publications

To date, OHA has published the following materials:

Report
Order
Transaction Summary

Transaction materials

HCMO-1 Notice of Material Transaction
HCMO-1b Business Entities Form
HCMO-1c Facilities and Locations Form
Index of Exhibits
Attachment B - MultiCare Governance Documents - Articles of Incorporation
Attachment C - Samaritan Governance Documents - Albany General Hospital Article
Attachment C - Samaritan Governance Documents - Articles of Incorporation
Attachment C - Samaritan Governance Documents - Bylaws
Attachment C - Samaritan Governance Documents - Good Samaritan Hospital Corvallis (GSRMC)
Attachment C - Samaritan Governance Documents - IHNCCO
Attachment C - Samaritan Governance Documents - Mid-Valley HealthCare
Attachment C - Samaritan Governance Documents - Samaritan Health Plans, Inc.
Attachment C - Samaritan Governance Documents - Samaritan Pacific Health Services, Inc.
Attachment C - Samartian Governance Documents - Samaritan North Lincoln Hospital
Exhibit 6.a - Samaritan Financial Condition [Redacted]
Exhibit 6.c.i - Remain Independent Analysis [Redacted]
Exhibit 6.c.ii - Warbird Report
Exhibit 7.a.i - Project Cascade Board Presentation 02.24.25
Exhibit 7.a.i - Project Cascade Selection SteerCo 04.08.25
Exhibit 7.a.i - Project Cascade Selection SteerCo 05.08.25
Exhibit 7.a.i - 10.20.25 Project Cascade Board Presentation
Exhibit 7.a.i - Board Presentation_ 07.28.25
Exhibit 7.a.i - Project Cascade Selection SteerCo_04.25.25
Exhibit 7.a.i - Project Cascade Selection SteerCo_07.14.25
Exhibit 7.a.ii - Samaritan Go-to-Market Memo and Instructions [Redacted]
Exhibit 7.a.iii - Project Cascade Board Presentation 04.28.25
Exhibit 7.a.iv - SHS Management Presentation
Exhibit 7.a.iv - Site Visit Pre-Read for MultiCare
Exhibit 7.b.ii - Cultural Alignment Chart
Exhibit 7.b.iii - MultiCare Letter of Intent [Redacted]
Exhibit 7.b.iv - Affiliation Agreement [Redacted]
Exhibit 7.b.v - MultiCare Diligence Materials [Redacted]
Exhibit 9.a.i - HSR Filing [Redacted]
Exhibit 10.a - MultiCare Facility Summary
Exhibit 10.b - MultiCare Board of Directors
Exhibit 10.c MultiCare Pre-Closing Org Chart
Exhibit 10.e. - Multicare Financial Statements
Exhibit 10.f.ii - MultiCare Service Line List
Exhibit 10.f.iii - Overview of MultiCare Services
Exhibit 10.f.v - MultiCare Service Area
Exhibit 11.b - Description of Entities
Exhibit 11.c - SHS Pre-Close Organizational Chart
Exhibit 11.e - SHS 2022 12-31 Audited Financials
Exhibit 11.e - SHS 2023 12-31 Audited Financials
Exhibit 11.e - SHS 2024 12-31 Audited Financials
Exhibit 11.f.ii - Service Line List
Exhibit 11.f.iii - Description of Services
Exhibit 11.f.v - Samaritan Service Area
Exhibit 12 - List of MultiCare Transactions
Exhibit 13.a.i - Post-Closing Organizational Chart
Supplemental Narrative Response [Redacted]
Supplemental Exhibit 1 - Bonds
Supplemental Exhibit 4 - Financial Statements
Supplemental Exhibit 5 - Financial Analysis
Supplemental Exhibit 10 - MultiCare Bylaws
1988 MHS First Amended Articles
2022 MHS Restated Articles of Inc. 11.17.21 and effective 01.01.22
2022 MHS Second Amendment - Articles of Inc. and effective 01.04.22
Supplemental Exhibit 11 - First Amended and Restated MTI [Redacted]
Supplemental Exhibit 12 - Correspondence [Redacted]
Prior Versions Samaritan Health Services Inc. Bylaws (2021)
Prior Versions Samaritan Health Services, Inc. Bylaws (2018)
2019-20 MC Financials
2020-21 MC Financials
2021-22 MC Financials
2/19/2026 RFI Responses
4/20/2026 RFI Follow Up Responses
RFI Exhibit 6 - Board Minutes [Redacted]
RFI Exhibit 8.b. - Executed Project Cascade - Side Letter [Redacted]
RFI Exhibit 9 - SHS 2025 Preliminary Financial Statements [Redacted]
RFI Exhibit 11 - SHS 2024 Income Available for Debt Service [Redacted]
RFI Exhibit 12 - SHS 2025 Days of Operating Expense [Redacted]
RFI Exhibit 14 - Delivery System EBIDA performance [Redacted]
RFI Exhibit 17 - Kauffman Hall Capital Plan Report [Redacted]
RFI Exhibit 18 - MultiCare Affiliation [Redacted]
RFI Exhibit 20 - Payer Contracts [Redacted]
RFI 4 - Narrative Responses - 6.4.26 RFI Responses
RFI Exhibit 15.b.i - 6.4.26 RFI Responses
RFI Exhibit 15.b.ii - 6.4.26 RFI Responses
RFI Exhibit 15.d - 6.4.26 RFI Responses
RFI Exhibit 22.c - 6.4.26 RFI Responses
RFI Exhibit 23 - 2025 SHS audited financial statements - 6.4.26 RFI Responses
RFI Exhibit 23 - 6.4.26 RFI Responses
RFI Exhibit 24 - 6.4.26 RFI Responses
Confidentiality Log

Public comment

HCMO has received the following public comments related to the Samaritan-MultiCare transaction

Public comments (11/21/2025-current)