Cincinnati Children’s gets record $36M donation

Cincinnati Children’s has received the largest donation in its history, a $36 million gift from a Cincinnati-based foundation, according to the Cincinnati Enquirer.

Advertisement

The gift, from Convalescent Hospital for Children, will be used to improve mental healthcare for children and teens.

The gift will be used to help fund construction of a five-story inpatient behavioral health facility for Cincinnati Children’s College Hill campus, which sits in a suburb of Cincinnati.

About $6 million of the donation will support other mental health programs and services.

Read the full report here

More articles on healthcare finance:
Financial updates from Ascension, CommonSpirit, Kaiser + 8 other systems
CMS pitches changes to CJR model: 6 things to know
Kentucky hospital to close in April

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.