Planned new construction includes a new inpatient tower that will solidify the nonprofit’s status as one of the largest children’s hospitals in the nation and add to the billions that CHOP and the University of Pennsylvania have already poured into that section of the city.
The existing Children’s Hospital, with 560 beds, draws patients from far and wide and is frequently nearly full. When it opens, the new, 22-story tower will have 300 beds — with space for 200 more — all in private rooms, which is important, given the types of patients who spend time in the hospital now.
With the new inpatient tower, there will be a total of 700 beds after double rooms in the older building are converted into private rooms. In a testament to CHOP’s financial resources, it won’t need to borrow money to pay for the new patient tower, which is expected to open in 2027 and cost $1.9 billion, and three additional buildings. Instead, the nonprofit, which employs about 14,000 people, most of them on its main campus, will rely on financial reserves, profits, and philanthropy.
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