IHC bought a hospital and large primary care network in Idaho 4 years ago.

- They suddenly in Jan (in the media only) announced that they were taking offers. No heads up to any staff. No heads up re: their struggling finances.
- They call a meeting a month later with no description of what it was about.
- They brought all the docs into a large conference room
- Over zoom, using a blacked out screen, a voice informed them that they were ceasing all operations immediately (within weeks)
- turns out the administrators were on the floor above surrounded by security.. as if a bunch of docs are going to get violent with them.
- Obviously no severance packages for the employed docs because that's unheard of in medicine
- Any new physician job takes about 4-6 months of credentialing (at best). So many were left without a paycheck for that period.
- >200k patients lost their physicians (or had serious disruptions of their care) with minimal to no warning.

Now, if any doc left abruptly, they can be cited with patient abandonment. IHC can cease operations over a period of a couple weeks to 2 months and nothing.. even though they generate nearly 9 billion a year with >500 million put away annually with >15 billion in assets.

It is funny to see Intermountain failing in Colorado and Idaho (not sure about Nevada) as it's not as easy when they don't dominate the insurance market.