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Posts tagged ‘Marus S Probst’

6
Mar

Executive Compensation at Intermountain Healthcare (2018)

Intermountain Healthcare refers to a large healthcare system in Utah, Nevada, and Idaho (24 hospitals and more than 370 healthcare facilities with more than 45,000 employees) 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 $6.6 billion in revenue in 2018 (compared to $6 billion in 2017). Expenses were $6 billion (including $312 million in depreciation) which helped the organization (after adjusting for nearly $400 million in net unrealized losses on investments) to increase the general fund (or net fund assets) by $300 million in 2018 from $6.5 billion to $6.8 billion. Read more »