Executive Compensation at Intermountain Healthcare (2017)
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.
In short, IHC Health Services, Inc. reported $6 billion in revenue in 2017. Expenses were $5.5 billion (including $277 million in depreciation) which helped the organization (along with nearly $400 million in net unrealized gains on investments) to increase the general fund (or net fund assets) by nearly $1 billion in 2017 from $5.6 billion to $6.5 billion.
In 2017, IHC Health Services, Inc. employed 44,323 individuals who were compensated nearly $2.8 billion, which equates to an average compensation of $63,200.
4,209 employees received more than $100,000 in compensation with the 28 most highly compensated employees listed below: Read more