Page 8 - Modern Healthcare (January 2020)

Children’s health

Intermountain Healthcare CEO Dr. Marc Harrison
discusses the system’s $500 million pediatric
project announced last week, which includes a
new children’s hospital.

Intermountain receives $50 million

donation for pediatric project

NTERMOUNTAIN HEALTHCARE committed to square miles, said Katy Welkie, CEO of Primary Children’s
fund at least half of a $500 million project that will and vice president of Intermountain’s Children’s Health.
I bolster children-oriented programs and facilities, “Last winter, Primary Children’s had more patients than
spurring a $50 million donation. beds,” Welkie said, adding that the population is growing
Salt Lake City-based Intermountain aims to build a in Utah, particularly in the Lehi area. “That indicated a
second Primary Children’s Hospital campus in Lehi, Utah; need to expand.”
expand telemedicine and digital services; increase the The hospital reported to CMS that its operating profit
number of pediatric emergency clinicians in rural areas; in 2018 was $106 million on operating revenue of
grow Primary Children’s Hospital and its services in Salt $664 million, which resulted in an operating margin of
Lake; and add behavioral health services. 16%, according to Modern Healthcare Metrics.
Intermountain said it will fund at least half of the The second pediatric hospital in Lehi will feature 66
$500 million and tasked its foundation to raise the rest of beds across five stories.
the money. Gail Miller, who is chair of Intermountain’s Primary Children’s in Salt Lake will expand its
board and owner of the Larry H. Miller Group of Cos. cancer treatment center and its pediatric research with
that includes the Utah Jazz basketball team, pledged University of Utah Health, as well as its Level 4 neonatal
$50 million. intensive-care unit. Intermountain also plans to develop
Primary Children’s is the only pediatric hospital in the an advanced fetal-care center that will offer in-utero
Intermountain West, which spans more than 400,000 treatments such as fetal surgery. l

6 Modern Healthcare | January 27, 2020