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Intermountain Healthcare company history timeline

1975

So in 1975 the church gave its hospitals to a new nonprofit entity called Intermountain Health Care.

1976

In 1976 it teamed up with hospitals in other states to create Multihospital Mutual Insurance, Ltd. to provide liability coverage.

1977

In these early years, IHC saved some small rural hospitals, such as Valley View, which in 1977 regained it accreditation.

1978

In cooperation with other nonprofit hospitals, IHC formed the Associated Hospital System (AHS) in 1978 to save money on joint purchases.

1983

Such new and diverse programs led IHC in 1983 to reorganize as a parent company with five subsidiaries.

1984

AHS merged with the United Hospital System in 1984 to form the American Hospital Systems, again to take advantage of economy-of-scale purchasing power.

1986

In 1986 more than 100,000 patient visits were recorded at these various smaller IHC facilities.

In the fall 1986 election, Utah voters defeated Proposition One, which would have amended the state constitution to "allow property owned by a nonprofit entity that is used exclusively for hospital or nursing home purposes to be exempt from property tax."

1988

Although IHC computer software had been sold to more than 200 hospitals nationwide, the company sold that business in 1988 to focus on its main goals.

1989

Thus in 1989 the company eliminated 20 management positions, a fairly typical move in the Information Age when middle management was becoming increasingly irrelevant.

1991

National and international recognition of these innovative programs soon came. For example, in 1991 IHC received the Healthcare Forum/Witt Award for Commitment to Quality, similar to the Malcolm Baldridge National Quality Award.

1995

After 20 years of operations, IHC by 1995 had provided more than $130 million in charitable care for patients.

1997

Planning for the hospital began in 1997 to solve two challenges: Intermountain Healthcare’s Cottonwood Hospital needed to be rebuilt, and LDS Hospital, which was Intermountain’s flagship hospital, was landlocked and no longer able to expand.

1998

In 1998 IHC seemed to be doing a good job of adapting to what many have called a health care revolution, in part by balancing what author John Naisbett in Megatrends called high-tech and high-touch approaches.

Two 1998 developments seemed typical of IHC's history.

2002

In 2002, McKay-Dee Hospital opened its doors in its current location.

2007

At the end of the first day, 164 patients were in the new hospital, including 113 who had come from LDS Hospital and 51 from Cottonwood Hospital, which closed on October 29, 2007.

2009

In 2009, the Foundation’s board once again refined the Foundation’s grant-making focus to encourage direct healthcare and healthcare-support services.

2011

During 2011, research was conducted to determine the best way to help Intermountain Healthcare and its hospital foundations — those that were affiliated but not part of Intermountain Healthcare — succeed in their philanthropic endeavors.

2017

October 29, 2017, was the 10th anniversary of when Intermountain Medical Center opened its doors and began service patients.

2019

For more information about Intermountain Healthcare, visit our interactive Annual Report to the Community 2019 to the community online.

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Founded
1975
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Founders
Church Saints,Victor Brown
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Intermountain Healthcare competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Sanford Health1996$9.8B47,0014,349
Boston Medical Center1996$2.9B7,189801
Johns Hopkins Medicine1867$2.1B10,2481,657
Dartmouth-Hitchcock1983$10.0M8,000420
Brigham and Women's Hospital1962$7.1B14,3051,704
Aurora Health Care1984$4.9B33,0001,016
Cleveland Clinic1921$9.8B35,8334,236
Children's Hospital of Philadelphia1855$1.9B7,000581
Wheaton Franciscan Healthcare - Franklin2006$820,0007-
St. Joseph's Hospital - Chippewa Falls, WI1888$70.5M500-

Intermountain Healthcare history FAQs

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Intermountain Healthcare may also be known as or be related to IHC HEALTH SERVICES INC, Intermountain Health Care Inc, Intermountain Healthcare, Intermountain Healthcare Inc and Intermountain Healthcare, Inc.