Intermountain Healthcare refers to a large healthcare system (22 hospitals and nearly 200 clinics) based in Salt Lake City, Utah. Although there are numerous non-profits under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc. – both of whom operate out of the same office.
IHC Health Services, Inc. reported $5.6 billion in revenue in 2016. Expenses were $5.1 billion (including $263 million in depreciation) which helped the organization (along with net unrealized gains on investments) to increase the general fund (or net fund assets) by $600 million in 2016 from $5.1 billion to $5.6 billion. The increase would have been more had IHC Health Services,Inc. not transferred $150 million to an affiliate and fund $63 million in post retirement benefits.
In 2016, IHC Health Services, Inc. employed 43,453 individuals who were compensated nearly $2.7 billion, which equates to an average compensation of $62,100. 3,836 employees received more than $100,000 in compensation with the most highly compensated employees listed below. Read more