The health systems plan to submit the proposal to the University of Texas Health Science Center in San Antonio and San Antonio-based University Health System by the end of this month. UHS has been seeking a partner to build a children’s hospital for several years, according to the report.
Under the proposal, which is still being finalized, CHOP and Vanguard would form a for-profit management company to oversee the new hospital and network. Vanguard would invest more than $300 million to build a 225- to 250-bed hospital, and CHOP would provide expertise in managing pediatric care. In addition, the organizations would form a non-profit entity for research and philanthropy.
CHOP and Vanguard’s plan is one of three children’s hospital projects being proposed to the University of Texas Health Science Center and UHS, according to the report. San Antonio-based Christus Santa Rosa Health System is changing its campus into a standalone children’s hospital. San Antonio-based Methodist Healthcare System is still developing a proposal.
More Articles on UHS and Pediatrics:
Baptist Health System in Texas to Build New Hospital, Pediatric Network
University Health System in Texas Ends Children’s Hospital Talks With Christus
San Antonio Health Systems Reconsider Building Single Children’s Facility
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
