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Overlake and MultiCare sign affiliation agreement

Press releases may be edited for formatting or style | May 22, 2024 Business Affairs

Sharing of resources and expertise through measured integration: Overlake and MultiCare have opportunities to learn from one another to better serve the health care needs in the state of Washington.

"For more than six decades, Overlake Medical Center & Clinics has served the Eastside and Puget Sound communities, and I am confident that this is the right next step for our health system," said J. Michael Marsh, president and chief executive officer of Overlake Medical Center & Clinics. "In fact, one of our reasons for pursuing an affiliation with MultiCare was to ensure the ongoing fulfillment of our mission for decades to come. As we move forward, we will be led by our guiding principles that keep patient care and the local community at the forefront."

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"MultiCare's mission is partnering for healing and a healthy future," said Bill Robertson, chief executive officer of MultiCare. "In Overlake, we have found a like-minded partner that shares our interests in advancing the health status of King County and beyond. We are excited for Overlake to join MultiCare's network of 12 hospitals and 300 clinics across the Pacific Northwest. We look forward to the future we will create together and look forward to welcoming them to the MultiCare family."

This transaction is subject to routine regulatory approval as well as customary closing conditions with an anticipated closing date in the second half of 2024.


About Overlake Medical Center & Clinics
Overlake Medical Center & Clinics is a nonprofit regional health care system based in Bellevue, Wash., serving the Eastside community since 1960. The health system includes a 349-bed hospital and a growing network of primary, urgent and specialty care clinics located throughout the region. Overlake is recognized locally and nationally for quality and safety, including recurring Leapfrog A ratings, Healthgrades' Patient Safety Excellence Award and recognition as a Best Regional Hospital by US News & World Report in its Best Hospitals 2023-24 rankings. Overlake offers comprehensive advanced services, including a dedicated Cancer Center, Level lll Trauma Center, Childbirth Center and Level lll NICU, cardiac, neurosciences, orthopedic and mental health services. Employing more than 3,500 people, Overlake is dedicated to its mission of compassionate care for every life we touch. Overlake provided nearly $48 million in charity care over the past three years and is committed to providing exceptional patient care and services. For more information, visit overlakehospital.org.

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