Oregon’s Community Hospitals Struggle with Financial Woes Amid Rising Labor Costs and Government Mandates
Oregon’s community hospitals are grappling with ongoing financial challenges, despite marginal improvements in certain aspects. According to data provided by Apprise Health Insights, an entity affiliated with the Oregon Association of Hospitals and Health Systems, the state’s 62 community hospitals suffered a collective loss of $414 million during the
Oregon Businesses Grapple with Rising Costs: A Deeper Look
Oregon's flourishing landscapes and bustling cities have always been a testament to its growth and potential. Yet, recent findings have given businesses and families cause for concern. As of this spring, the Missouri Economic Research and Information Center has ranked Oregon as the state with the 8th highest cost of living in the United States.
While stat…
Legislature Working to Increase Construction Regulation Authority
Construction bills in an Oregon legislative session are typically focused on prevailing wage,
apprenticeship, and public contracting. However, this year dollars in federal spending bills come
attached to their own set-in-stone standards.
Oregon legislative leaders are instead focusing their efforts on expanding state agency
enforcemen…
From the Desk of Kevin Mannix
Part of my work as a State Representative involves getting decisions on proposed laws.
There is more than one way to get legislation to the House Floor to vote on it. There is the familiar way of waiting for a bill to pass through a committee and then arrive on the House Floor. However, there are many great bills that, due to committee workloads, will nev…
Salem Eats: Cozy Taberna
In this month's edition of the Salem Business Journal's culinary feature, "Salem Eats," our team visited the acclaimed Cozy Taberna for an exclusive tasting of their enticing menu. The star of the evening was the Octopus a la Plancha, a dish that showcases the restaurant's expertise in blending spices, chilies, and flavors. We had the opportunity to speak
Oregon Credit Unions Contribute to Real-World Education with New Financial Literacy Legislation
The legislation incorporates financial and life skills into high school programs, equipping young individuals with essential knowledge for their future.
Tigard, Oregon (February 16, 2023) The GoWest Credit Union Association, in collaboration with Oregon Senate President Rob Wagner and Senate Republican Leader Tim Knopp, has introduced a pioneering lif…
Oregon Workers Are Owed $1.8 billion in Unpaid Overtime, According to Study.
The reason you may feel like you're earning less for longer hours compared to your parents is because it's likely the case. Average hourly wages, adjusted for inflation, have declined since the 1970s, while the average number of hours worked has increased. As a result, American workers are facing underpayment, overwork, and stress. One of the reasons for…
Capitol Auto Group Makes Record-Breaking Donation of $385,000 to United Way of the Mid-Willamette Valley
ArthurLyteThe dealership's employee campaigns have raised over $2.1 million for United Way over the last ten years
SALEM, OR, USA, Capitol Auto Group's (CAG) employee campaign has raised an astounding $385,000 for the United Way of the Mid-Willamette Valley (UWMWV).
On March 17, local representatives from the United Way visited Capitol's three dealers…
One Overlooked Metric That Could Transform Your Company’s Value.
You know gross margin impacts your profit, but have you considered the impact it has on the value of your company?
When assessing your company’s value, acquirers and investors will often scrutinize your gross profit margin. Gross profit margin is the difference between a company’s revenue and its cost of goods sold. In other words, it’s the pr…