McKenzie-Willamette profits soar

McKenzie-Willamette profits soar

Springfield's McKenzie-Willamette Medical Center profits rose almost 46% to $15.4 million last year, and officials are gearing up for a possible expansion.

Talk of an expansion comes after two years of steeply rising profits — McKenzie-Willamette’s 2010 profit more than doubled compared with 2009. That was the year that the hospital’s parent company, Tennessee-based Community Health Systems, bought out Cascade Health Solutions’ 20 percent stake in the hospital.

More information about a possible expansion of McKenzie-Willamette — one of two for-profit hospitals in the state — will be shared as key decisions are made, hospital officials said.

Read more at The Register-Guard.