The news (courtesy The Oregonian):
Oregon Gov. John Kitzhaber has struck a deal with the federal government that is worth $1.9 billion over the next five years.
A statement released Thursday morning from D.C. spells out the terms: An initial $620 million investment from the federal government to come in 2013, with $1.9 billion expected over five years. With the money and a new coordinated care system, Oregon expects to save $11 billion in the next decade.
Today OHSU President Joe Robertson explained what this means to OHSU and health care providers across the state.
“In Oregon, particularly in health care, I believe we will remember this day for a long time to come. It is a monumental step in Oregon’s health care reform and helps ensure that all providers can do their part in caring for at-risk Oregonians.
“This is a transformational achievement in the state of Oregon to help create a much more efficient and effective heath care system in the state. However, there is a lot of hard work ahead of us to achieve $11 billion in savings. Today’s news is encouraging, but we must always focus on long-term solutions.”
Joe’s full statement can be found here.