I
ntermountain Health, a Utah-based hospital chain, has been expanding its presence in Las Vegas with multiple deals over the past few years. The nonprofit medical system plans to break ground next year on Nevada's first stand-alone children's hospital in UNLV's Harry Reid Research and Technology Park.

    This isn't Intermountain's only move in Southern Nevada. It has bought land, commercial buildings, started construction on a medical office complex, signed a naming-rights deal for the Raiders' practice facility, and even purchased a luxury house that it sold three years later to its own regional president.

    Intermountain operates dozens of clinics in Southern Nevada but is betting big on a larger presence in Las Vegas. The hospital system has spent over $100 million buying real estate in the city over the past few years. Despite this, Intermountain still hasn't developed a plot of land it's owned for years in a highly visible area.

    Intermountain established a foothold in the Las Vegas Valley with its acquisition of HealthCare Partners Nevada, a physicians group with 55 clinics locally, in mid-2019. The same year, it purchased a 7.7-acre plot of land next to Boca Park retail center for almost $19 million, but the site remains undeveloped.

    The hospital system also put its name on the Raiders' practice facility in Henderson through a naming-rights deal announced in late 2019. Intermountain said the partnership would be funded largely through its planned growth and operations in Nevada.

    In addition to these deals, Intermountain purchased a two-story house in The Ridges for $2.9 million in 2021 and sold it last year for $2.93 million. It also bought a three-story medical office building on Badura Avenue near Cimarron Road and recently held a topping-off ceremony for its under-construction clinic.

    Intermountain's Desert Region president, Mitchell Cloward, purchased the house from Intermountain in 2021, but it was unclear if he had any involvement in the sale.