Salt Lake City-based Intermountain Health recorded an operating income of $494 million (5.4% operating margin) in the first half of 2025, up from $326 million (3.8% margin), according to its Aug. 26 financial report.
Five things to know:
1. The system reported total revenue of $9.2 billion in the six months ended June 30, a 7.9% increase year over year. Patient service revenue was $5.5 billion, up from $5.1 billion. Premium and capitation revenue was $3.2 billion, up from $2.9 billion.
2. Expenses totaled $8.3 billion in the first half of 2025, a 5.4% increase year over year. Employee compensation and benefits totaled $3.7 billion, up from $3.6 billion. Supply expenses totaled $1.6 billion, up from $1.5 billion.
3. As of June 30, Intermountain’s long-term debt was $4.1 billion.
4. As of June 30, Intermountain had 58,801 full-time equivalent employees, including both physicians and staff. On the same date in 2024, Intermountain had 57,809 full-time equivalent employees.
5. Intermountain recorded a net income of $1.5 billion in the first half of 2025, up from $1.1 billion during the same period last year.
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