Intermountain’s CFO on ‘rigorous’ process for nearly $2B in hospital investments

Becker's Healthcare December 16, 2024
Madeline Ashley

Salt Lake City-based Intermountain Health is making substantial investments in its healthcare infrastructure.

In late November, the system shared plans for its new 14-story, 737,000-square-foot replacement hospital, St. Vincent Regional Hospital, in Billings, Mont., that is estimated to cost around $900 million. In October, it shared plans for an estimated $1 billion freestanding children’s hospital in Las Vegas.

Becker’s connected with Intermountain Health CFO Clay Ashdown to gain further insights into the operational, financial and strategic operational considerations that are driving these projects, while also learning how the system aims to expand care access to meet needs of the communities it will serves.

Note: Responses have been lightly edited for length and clarity.

Question: What were the strategic...

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