As a nonprofit healthcare system, Intermountain returns all money it earns to the community in the form of improved facilities, improved services, and lower charges. In Intermountain's first 20 years, it invested more than $1 billion in replacing or upgrading its facilities. From 2011 to 2016, it is anticipated that Intermountain will spend approximately $2.3 billion on capital improvements.
From 2011 to 2016, it is anticipated that Intermountain will spend approximately $2.3 billion on capital improvements.
This ambitious and expensive construction program is being achieved while keeping charges comparatively low.
After a period of time (usually 40-50 years), a hospital reaches the end of its useful life and needs to be replaced or remodeled; during its lifetime, a facility may require renovations or expansion to keep pace with changing community needs. We also realize that facilities need to adapt to changes in the way care is provided, like the trend toward more outpatient care and the development of new technology.
We don't build new facilities to expand our presence. They're intended to help us keep pace with the growing population and changing community needs and to serve under-served populations.