A vacant lot at the corner of Rampart Boulevard and Alta Drive, currently occupied by a pumpkin patch/carnival, is seen on Wednesday, Oct. 16, 2019, in Las Vegas. Utah hospital chain Intermountain Healthcare has bought the property for almost $19 million. (Bizuayehu Tesfaye/Las Vegas Review-Journal)
Intermountain Healthcare has purchased roughly 8 acres of land just west of Las Vegas, according to published reports.
Property records show that the health care system paid almost $19 million for the land, according to the Las Vegas Review-Journal.
“It’s unclear what Intermountain plans to do with the Summerlin-area property, which has seen big project ideas come and go over the years. But the purchase price was steep for suburban Las Vegas land, and it followed Intermountain’s acquisition of a big Southern Nevada medical group this year,” the article by Eli Segall states.
“Salt Lake City-based Intermountain — which this year acquired HealthCare Partners Nevada, a physicians group with 55 clinics in the Las Vegas area, for an undisclosed sum — paid nearly $2.5 million an acre for its land,” according to the article.
Intermountain Healthcare is a Utah-based, not-for-profit system of 24 hospitals (includes “virtual” hospital), a Medical Group with more than 2,400 physicians and advanced practice clinicians at about 160 clinics, a health plans division called SelectHealth, and other health services.
The Las Vegas Review-Journal article can be read here.
