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March 31, 2025
COOS BAY, Ore. (March 31, 2025) – Bay Area Hospital and Quorum Health are continuing negotiations beyond the original March 31, 2025 goal for a definitive agreement. This extension will allow additional time for both parties to complete a thorough review and analysis prior to entering into a binding contract.
“Time is ticking, especially given our financial reality, but getting this right is essential,” said Brian Moore, President and CEO of Bay Area Hospital. “A partnership has the potential to create long-term stability and growth for our hospital and community. We remain focused on doing what’s best for the people we serve.”
While the intention was always to complete due diligence within 90 days of the initial agreement, the timeline has been extended to ensure all regulatory and financial considerations are reviewed fully and thoughtfully. Both organizations remain committed to advancing the partnership and completing due diligence by summer.
“Impactful partnerships take time, and we are all doing the hard work it takes to make this very important decision,” said Chris Harrison, CEO of Quorum Health.
In December 2024, Bay Area Hospital and Quorum Health entered into a nonbinding Letter of Intent to begin exclusive negotiations and explore a formal partnership. This Letter of Intent remains in place and both organizations are continuing the work necessary to reach a definitive agreement. Additional updates will be shared as the process continues.
For more information, please visit bayareahospital.org/here-for-good/.
About Bay Area Hospital
Bay Area Hospital offers a comprehensive range of medical services for people of all ages. The hospital’s inpatient and outpatient services include medical, surgical, pediatric, critical care, outpatient and acute inpatient psychiatric, oncology, obstetrical, wound care and other specialties. The hospital is a designated level III trauma center and Joint Commission certified. For more information, visit www.bayareahospital.org.
About Quorum Health
Quorum Health is a leading operator of general acute care hospitals and outpatient services in the U.S. Through its subsidiaries, the company owns, leases, or operates a diversified portfolio of 12 affiliated hospitals in rural and mid-sized markets across nine states with an aggregate of 924 licensed beds. Through its network of affiliated hospitals, physician practices and health care providers, the company is focused on future strategic growth and investment with the goal of expanding its footprint and addressing the critical health care needs of patients in their local communities.