August 14, 2023System Combination Agreement • September 2nd, 2023
Contract Type FiledSeptember 2nd, 2023Legacy Health, an Oregon non-profit corporation, on behalf of itself and its subsidiaries and controlled affiliates (collectively, “Legacy”) and Oregon Health & Science University, a public corporation of the state of Oregon (“OHSU”) have reached a non-binding agreement for initial terms by which they would affiliate to create a combined health care system under OHSU as the system’s sole corporate parent (the “System Combination”). The mutual intent of this System Combination is to deliver high quality health care services to the communities Legacy and OHSU serve, and allow Legacy and OHSU to enhance and achieve their shared mission and vision. Legacy and OHSU are also referred to in this letter as a “Party” and collectively as the “Parties”.