Surgery Partners divests Idaho Falls assets to Intermountain for $795 million
Jul 24, 2026, 1:22 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Immediate 6% response suggests market believes the divestiture creates value and simplifies the portfolio, potentially supporting a re-rating of SGRY on a more disciplined growth path.
AI summary
What happened, with direct paths to the underlying reporting
Main catalyst: sale of Mountain View Hospital and Idaho Falls Community Hospital to Intermountain Health for about $795M, valuing the facilities at roughly $1.15B. The move advances Surgery Partners’ portfolio optimization, freeing capital for growth in ambulatory surgery centers. FY2026 revenue guidance remains $3.35B-$3.45B with at least $530M adjusted EBITDA, signaling stability despite asset divestiture.
Surgery Partners sells Mountain View Hospital and Idaho Falls Hospital to Intermountain Health for $795M.
Total value of the facilities is about $1.15B.
The deal advances portfolio optimization and ambulatory surgery center growth.
FY2026 revenue guidance reaffirmed at $3.35B-$3.45B; EBITDA at least $530M.
Earnings due August 10, 2026; stock rose ~6% on news.
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