Friday, May 04, 2012

Children's Hospital exec stays focused on kids, not money

Children's Hospital exec stays focused on kids, not money: To what extent does the hospital rely on philanthropic donations, and what’s that money used for?

Philanthropic donations are very, very important for the three big missions of Children’s Hospital: clinical care, education, and discovery or research. From a clinical care standpoint, philanthropy supports many in a suite of services that children need -- for example, palliative care … which is unreimbursed or very modestly reimbursed … In terms of education, philanthropy has had a major impact on the hospital’s ability to create and provide educational programs for many of the staff here and many staff people at hospitals in the region who don’t have pediatric expertise.

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