Making Care Affordable and Accessible

More than 60% of Americans consider affordability the top issue for healthcare today. Intermountain is working to make care more affordable and accessible. As a not-for-profit health system, our focus is on serving the residents of our communities. We provide high quality care regardless of a patient’s ability to pay.

Intermountain Financial Summary

FUNDS AVAILABLE 2017 2016
  (DOLLARS IN MILLIONS)
PATIENT SERVICES AND NON-PATIENT ACTIVITIES:
Net patient services, including inpatient and outpatient care, pharmaceuticals, and supplies; net of discounts provided for patients covered by Medicare, Medicaid, and other sources because these agencies have limited their level of payment $4,624.5 $4,368.9
Charity services to qualifying patients unable to pay as part of our ongoing community commitment
(398.2)*
(419.5)*
Bad debts for services provided to patients who were unwilling to pay
(276.9)
(243.5)
Non-patient activities, including health insurance premiums, contributions, and other resources 2,990.6
3,010.7
Non-operating income from investing activities 296.1 237.5
TOTAL FUNDS AVAILABLE
$7,236.1
$6,954.1
FUNDS APPLIED
Salaries and benefits to our employees $2,968.9
$2,838.1
Medical services and supplies 2,325.5
2,402.7
Business services, insurance, utilities, and cost of facility maintenance 958.2 888.2
Depreciation and amortization cost for this year’s use of buildings and equipment 281.4 280.3
Interest on borrowed funds 47.0 49.4
Increase in funds available for future needs to replace and improve health facilities, technology, and services, and to provide long-term stability 655.1 495.4
TOTAL FUNDS APPLIED
$7,236.1
$6,954.1
*This amount represents Intermountain's unadjusted total. Based on Utah State Tax Commission standards, Intermountain provided adjusted charity care of approximately $225.3 million in 2017 and approximately $244.7 million in 2016.

Charity Care

NAME OF HOSPITAL LOCATION LICENSED BEDS STAFFED BEDS 2017 CHARITY CARE 4 2017 CHARITY CARE CASES
Urban Hospitals 1
1.Alta View Hospital Sandy, Utah 71 58 $3,545,415 3,403
2.American Fork Hospital American Fork, Utah 89 89 3,751,200 3,402
3.Bear River Valley Hospital Tremonton, Utah 16 14 651,902 681
4.Dixie Regional Medical Center St. George, Utah 245 245 22,227,004 13,672
5.Intermountain Medical Center Murray, Utah 510 496 54,393,791 33,842
6.LDS Hospital Salt Lake City, Utah 250 246 25,405,464 14,281
7.Logan Regional Hospital Logan, Utah 146 137 8,094,858 6,358
8.McKay-Dee Hospital Ogden, Utah 321 311 33,313,719 19,756
9.Orem Community Hospital Orem, Utah 24 24 1,223,468 1,592
10.Primary Children’s Hospital Salt Lake City, Utah 340 332 11,550,155 12,927
11.Riverton Hospital Riverton, Utah 97 89 3,191,627 3,181
12.The Orthopedic Specialty Hospital (TOSH) Murray, Utah 40 40 1,230,934 1,618
13.Utah Valley Hospital Provo, Utah 395 349 28,737,501 14,672
Rural Hospitals 1
14.Cassia Regional Hospital Burley, Idaho 25 25 2,585,382 3,005
15.Cedar City Hospital Cedar City, Utah 48 41 4,019,504 4,163
16.Delta Community Hospital Delta, Utah 18 15 586,901 574
17.Fillmore Community Hospital Fillmore, Utah 19 18 419,248 431
18.Garfield Memorial Hospital & Clinics 2 Panguitch, Utah 15 15 - -
19.Heber Valley Hospital Heber City, Utah 19 19 1,064,445 1,054
20.Park City Hospital Park City, Utah 37 37 1,953,821 1,409
21.Sanpete Valley Hospital Mt. Pleasant, Utah 18 17 1,103,362 986
22.Sevier Valley Hospital Richfield, Utah 29 24 1,594,419 1,417
22 Hospitals
2,772
2,641
210,644,120
142,424
Medical Group 9,685,257 81,893
Homecare 3,449,319 11,416
Other 3 1,535,241 713
Total Charity Care 4
$225,313,937
236,446
(1) Urban and Rural designations reflect the location of hospitals relative to U.S. Census Bureau Metropolitan Statistical Areas.    
(2) In 2017, Garfield Memorial Hospital & Clinics (Garfield Memorial) provided 522 cases of charity care totaling $276,330 (adjusted). As Garfield Memorial is a managed entity of Intermountain, the charity care provided has not been incorporated into Intermountain's financial accounting.    
(3) "Other" includes charity for other operations such as the Avenues Surgical Center, the McKay-Dee Surgical Center, and Intermountain Rehabilitation Services.    
(4) In 2017, Intermountain provided approximately $398.2 million in charity care to people unable to pay. The charity care totals listed in this table have been adjusted based on standards established by the Utah State Tax Commission.    

Contributions to Economy

Source: Kem C. Gardner Policy Institute, 2015 data

SelectHealth Is Changing the Cost Curve

In 2016, SelectHealth announced an innovative way to partner with large employers and their employees to achieve better health, better care, and predictable health insurance premiums. This product, called SelectHealth Share®, is now in its third year of operation with demonstrated success. In light of the success we are seeing with this innovative product and plan design, we are passing along these savings to customers and members.

The employer groups on SelectHealth Share represent a cross section of industries who were early adopters of the plan. In 2017, these Utah businesses saw 8.1% lower medical costs when compared to other SelectHealth large employers. In addition, SelectHealth Share members have 4.5% fewer emergency room visits, and a 3.8% lower hospital admission rate, when compared to SelectHealth members on other large employer health plans. And over 70% of employees on SelectHealth Share plans are actively participating in fitness campaigns, completing health assessments, and engaging with digital health coaching.

Based on the impressive results achieved to date, SelectHealth announced in March that it is guaranteeing current customers on SelectHealth Share a 2.0% premium increase for their next three years of participation. Knowing this rate in advance allows these employers to budget for their healthcare costs in 2019, 2020, and 2021. In addition and based on this successful SelectHealth Share pilot, SelectHealth also announced that it will guarantee new SelectHealth Share clients a fixed 2.5% fixed premium increase in years two and three of a three year contract in exchange for meeting participation requirements.

SelectHealth is confident that by combining its proven SelectHealth Share benefit plan designs and employee wellness programs with a partnership of shared responsibility that many more large employers and their employees will benefit from better health, better care, and predictable health insurance premiums.

Recognition and Key Events

During 2017, the Intermountain Healthcare system, its hospitals, its teams, and its people were recognized with a variety of honors. See them here.