Intermountain announced Wednesday, June 19, that it’s reached an agreement to acquire HealthCare Partners Nevada, headquartered in Las Vegas. The acquisition will take place by July 2019 and brings together two organizations focused on keeping people healthy and providing high-value care that’s accessible and affordable.
HealthCare Partners Nevada is a leading physician group that has 1,800 employees—including about 340 physicians and advanced practice providers. The group owns and operates 55 clinics, 23 of which are MyGen clinics recognized for exceptional value-based care for seniors. HealthCare Partners Nevada and its affiliate network provide patient-centered primary, specialty, and urgent care services to approximately 350,000 people.
Why we’re joining together. Intermountain and HealthCare Partners Nevada have had success in using value-based care models that lead to better overall health and keeping costs lower. By combining HealthCare Partners Nevada’s strengths with Intermountain’s stability and long-standing, proven successes in clinical excellence and innovation, Intermountain will further our mission of helping even more people live the healthiest lives possible.
“We’re excited to join with HealthCare Partners Nevada,” said Marc Harrison, MD, Intermountain CEO. “Both organizations are like-minded and share a commitment to keeping people well and providing the communities we serve with high-quality, value-based care. We’ll combine unique strengths to provide extraordinary health services to patients.”
HealthCare Partners Nevada will continue to lead its operations and patient care. The work of HealthCare Partners Nevada providers and employees (known as teammates) will continue largely unchanged. They’ll be led by Mark Price, who currently serves as president of HealthCare Partners Nevada. Price will report to Rajesh Shrestha, Intermountain’s Community-Based Care chief operating officer, who will have overall accountability of the business.
“Intermountain and HealthCare Partners Nevada desire the same thing—to provide great access to the highest quality care at an affordable cost,” said Price. “This is great news for our teams and southern Nevada.”
Intermountain’s operations in our current service areas won’t change. The work of providers, leaders, and caregivers in Utah, Idaho, and other areas remains the same—focusing on our patients and services in those communities.