Legacy Health, Portland, Ore., fortified its already-sound financial position for its fiscal 2014 as many other not-for-profit hospitals and health systems struggled with their operations last year.
The five-hospital system released financial statements for its fiscal year ended March 31. Last year, the organization did not acquire any new hospitals. Instead, Legacy appears to be benefitting from a growing local population. Portland's population grew about 4.4% from April 2010 to July 2013, according to estimates from the U.S. Census Bureau.