Samaritan Announces Affiliation with MultiCare
Transaction Announcement
Samaritan Health Services (SHS), an integrated, five-hospital nonprofit health system based in Corvallis, Oregon, generating approximately $1.7 billion in annual revenue, and MultiCare Health System, a nonprofit health system headquartered in Tacoma, Washington, have announced an affiliation to strengthen access to community-based health care across Oregon and the Pacific Northwest. Completion of the affiliation is expected in mid-2026.
“This affiliation represents an important step in securing the future of nonprofit health care in our region,” said Marty Cahill, president and chief executive officer of Samaritan. “Our commitment has always been to remain a community-based, mission-driven organization, and this partnership strengthens that promise for decades to come. Together, we will expand access, invest in the technology and services our communities need, and do so while keeping care nonprofit and locally governed. We are excited and honored to become MultiCare’s first health system in Oregon and to bring the benefits of MultiCare’s expertise home to the communities we serve.”
The affiliation will bring together more than a dozen hospitals, hundreds of clinics, and a broad portfolio of health plan offerings, creating a strengthened regional network dedicated to delivering high-quality, affordable, and coordinated care. MultiCare has committed to invest significant resources over the next decade to modernize Samaritan’s facilities, grow primary and specialty care, and expand telehealth and behavioral health services. The investment also includes plans to expand Good Samaritan Regional Medical Center to ensure continued access to local hospital care.
“MultiCare’s mission is partnering for healing and a healthy future, and that mission drives us to seek out like-minded organizations to ensure Pacific Northwest communities have long-term access to local care,” said MultiCare CEO Bill Robertson. “MultiCare and Samaritan are closely aligned in our mission, vision and values, making us ideal partners as we strengthen our networks across our service regions. It will be our privilege to be a part of the communities Samaritan serves and we look forward to working together to support and advance health care in Oregon.”
Samaritan will remain locally governed and community-based, maintaining its deep regional roots while gaining access to MultiCare’s expertise, resources, and operational scale.
Juniper’s Role
Samaritan Health Services’ Board engaged Juniper Advisory as its transaction advisor to proactively assess strategic alternatives aligned with its mission and community-focused objectives. Juniper managed a comprehensive process to evaluate potential partners and achieve Samaritan’s goals of expanding access, advancing equity, and securing capital investment. Juniper’s role included developing information materials, soliciting interest from potential partners, facilitating Board evaluations, and supporting negotiations.
About Samaritan Health Services
Samaritan Health Services is a nonprofit regional health system that brings together five community hospitals, more than 80 physician clinics and multiple health insurance plans to serve more than 280,000 residents in Oregon’s Benton, Lincoln and Linn counties. Samaritan employs more than 5,000 employees, including 620 clinicians, and is governed by a volunteer board made up of community members.
About MultiCare Health System
MultiCare Health System is a nonprofit health care organization with 13 hospitals and more than 28,000 team members. We are committed to achieving our mission of healing and a healthy future and delivering world-class health outcomes and an exceptional experience. As one of the largest community-based, locally governed health systems in Washington state, our comprehensive system of health includes numerous primary care, urgent care and dedicated specialty services.
For more information, please contact:
Chris Benson | 480.695.2311 | cbenson@juniperadvisory.com
Jordan Shields | 312.506.3005 | jshields@juniperadvisory.com
Casey Webb | 312.506.3010 | cwebb@juniperadvisory.com