[7] It is located immediately south of Interstate 90 at Fourth Avenue, on the west side of Lewis and Clark High School in the Cliff/Cannon neighborhood.

The Tennessee-based for-profit Community Health Systems bought both Deaconess and Valley Hospitals in Spokane for $270 million in 2008, and followed the purchase up with the $50 million acquisition of the Rockwood Clinic primary, specialty, and urgent care system that services the region to create an integrated clinic and hospital network.

[8] The state health department of approval of the sale to CHS and its conversion to for-profit status came with stipulations that it invest $100 million in both facilities in five years and increase the amount of charity care among other criteria.

[9][10] The Rockwood Health System (formerly Empire Health Services), the previous owners of the properties sued CHS for allegedly failing to meet its obligations under the agreement and Washington state law in providing free of cost charity care to low-income people which resulted in a $50 million settlement to forgive medical debt in 2019.

[12] The hospital opened the MultiCare Deaconess Cancer Center in a new facility on their campus in 2021, which is designed to provide comprehensive care with a team-based approach.