Surgery Partners, Intermountain Health announce Idaho Falls sale

Surgery Partners and Intermountain Health have placed into escrow definitive agreements to sell Mountain View Hospital and Idaho Falls Community Hospital to Intermountain, valuing the Idaho Falls facilities at about $1.15 billion with approximately $795 million in total consideration to Surgery Partners. Physician ownership at Mountain View Hospital will remain unchanged, and the deal is framed as a step in portfolio optimization toward high-value ambulatory surgery centers. Final proceeds are expected to be substantial but cannot be precisely estimated until adjustments for indebtedness, working capital, and other closing items are finalized. Completion hinges on customary closing conditions, including physician approvals, regulatory clearances such as Hart-Scott-Rodino review, and other third-party consents, with no assurance of closing until these are obtained. The companies anticipate the transaction to close in the coming months, as part of ongoing strategic simplification and operational focus. These developments were reported across multiple outlets as part of the ongoing coverage.