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During 1970, LDS Church organized Health Services
Corporation, later renamed Intermountain Health Care, Inc. (IHC),
as a nonprofit corporation under the laws of the State of Utah.
LDS Church organized IHC for the purpose of assuming ownership
and control of its hospitals and to oversee its worldwide health
program. Respondent recognized IHC as an organization described
in section 501(c)(3) that is exempt from taxation pursuant to
section 501(a).
During 1975, LDS Church determined that its hospitals were
not central to its mission and subsequently transferred control
of IHC to an independent board of trustees. Between 1975 and the
early 1980s, IHC continued to operate its existing hospitals
while it constructed or acquired additional hospitals. At the
same time, IHC began the process of centralizing its management,
coordinating its services, restructuring its debt, and
undertaking other steps that its management deemed necessary for
IHC to become an integrated multihospital system capable of
expanding its services, achieving economies of scale, and
improving operational efficiency.
During the early 1980s, in response to myriad changes in the
health care field, IHC decided to restructure its operations,
which restructuring included the formation of several affiliates.
In February 1983, the Internal Revenue Service issued a private
letter ruling to IHC approving its corporate reorganization plan.
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Last modified: May 25, 2011