Intermountain Health is moving to buy out its partner’s interest in two Idaho hospitals and more than six affiliated clinics for about $795 million, according to an investor announcement from Surgery Partners released Friday. The transaction values the combined businesses at approximately $1.15 billion and is slated to close “in the coming months, subject to the forgoing approvals,” the statement said.
If the deal completes as announced, Intermountain would become the sole owner of Idaho Falls Community Hospital, an 88-bed facility, and would hold a larger share of Mountain View Hospital, a 38-bed hospital that the announcement described as a longstanding surgical hub with a Level III NICU.
Both parties emphasized that day-to-day operations at the hospitals will remain separate from Intermountain’s broader system and will continue to be managed locally. The partners also said there are no planned changes to current employment arrangements, including compensation.
James Adamson, CEO of the two hospitals, noted that Intermountain already had an investor role and “deep roots” in the region, and said the expanded partnership will support continued delivery of personalized care. The hospitals opened Idaho Falls Community Hospital in 2019 to add scalable acute care alongside Mountain View Hospital, which has operated since 2002.
The hospitals and their affiliated clinics employ more than 2,300 people, including over 150 physicians, according to the announcement. Surgery Partners’ description of the facilities emphasized Mountain View’s role as a surgical hub and the addition of acute care capacity with the opening of Idaho Falls Community Hospital.
Eric Evans, CEO of Surgery Partners, framed the deal as part of the company’s effort to refine its portfolio and concentrate on its fastest-growing, high-value areas—specifically its ambulatory surgery center business. Surgery Partners reported $3.3 billion in revenue across 2025 and operates surgical services and related care across more than 200 locations in 30 states.
Evans said the Idaho Falls partnerships had been a significant part of the company’s growth but argued the facilities are well positioned for their next chapter under a regional health system such as Intermountain. He added that the transaction will help Surgery Partners sharpen its strategic focus and support long-term shareholder value.
Nonprofit Intermountain Health, headquartered in Utah, operates a six-state network that includes 34 hospitals and roughly 400 clinics. The system reported $18.5 billion of total operating revenue last year. In Idaho, Intermountain currently runs one acute care hospital: Cassia Regional Hospital, a 25-bed critical access hospital in Burley.
This announcement follows another deal disclosed earlier the same week: Intermountain said last Tuesday that it plans to fold three Denver-area hospitals into an eight-hospital joint venture with AdventHealth, an arrangement that the partners said would be managed and likely majority owned by AdventHealth.
For local patients, Intermountain’s deeper ownership stake is expected to broaden access to specialist services and smoother transfers to higher-acuity care, benefits that were highlighted when Intermountain first took a minority investment in the hospitals in 2023. The partners have previously cited Intermountain’s “vast system of resources” and strategic guidance as advantages of the relationship.
From a system strategy perspective, the deal exemplifies two concurrent trends: regional health systems expanding their geographic and operational footprints through acquisitions, and surgical-services companies refining portfolios to focus on ambulatory sites that may offer faster growth or higher margins.
The investor announcement states the transaction is expected to close in the coming months, but completion is subject to required approvals. The source did not provide a detailed timeline, specific regulatory clearances under review, or financial breakdowns beyond the headline purchase price and valuation.
If approvals are secured and the sale closes, Intermountain will assume greater ownership of two established Idaho hospitals and their clinics while Surgery Partners continues its stated pivot toward ambulatory surgery center growth. Both organizations indicated the hospitals will remain locally managed and that few immediate changes are expected on the ground.
Mountain View Hospital has operated since 2002 and was described in the announcement as a leading surgical center that includes a Level III neonatal intensive care unit. Idaho Falls Community Hospital opened in 2019 to provide scalable acute care alongside Mountain View.
The announcement did not include additional details on clinical volumes, payer mixes, or projected investments or service expansions tied to the acquisition.
All figures, timelines and operational commitments are drawn from the Surgery Partners investor announcement and statements from the two hospital CEOs. The announcement did not report a precise closing date or the specific approvals required to complete the transaction.
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