Intermountain, SCL Health form 33-hospital system

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Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health completed their merger after the Colorado Attorney General’s Office sign on the March 31 agreement.

The combined system, named Intermountain Health Care, has more than 58,000 employees and operates 33 hospitals and 385 clinics in six states. The nonprofit system also provides health insurance to approximately 1 million people.

Intermountain President and CEO Marc Harrison, MD will serve as President and CEO of the merged system, which is headquartered in Salt Lake City. SCL Health’s Catholic hospitals will retain their name and continue to operate under existing practices.

A review by the Colorado Department of Law found that the transaction would not materially alter SCL Health’s charitable mission.

“While there will be changes to SCL Health’s corporate governance post-merger, Colorado hospitals will effectively operate in the same manner as before the merger, with no material change to their charitable goals,” said the Colorado Department of Law.

Intermountain and SCL Health have agreed that the merger will not result in any layoffs or workforce reductions. Health Systems said there were no plans to move, close or consolidate clinical facilities due to the merger.

The organizations completed the transaction less than a year after entering negotiations. Intermountain and SCL signed a letter of intent to merge in September and entered into a definitive agreement in December.

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