During the existence of this blog, we have written a lot about cancer research. And the many resulting advances in healthcare. Including for children. Here, we examine the expansion of St. Jude’s Research Hospital. This represents GREAT news!
Investing in Children: The Expansion of St. Jude’s Research Hospital
St. Jude’s is one of the great children’s hospitals in the world. And its huge expansion plans will enable it to provide even more services.
As Dave Muoio reports for Fierce Healthcare:
St. Jude Children’s Research Hospital committed $11.5 billion to a six-year strategic plan to drive: New construction. 1,400 additional jobs And other projects to support global research. As well as treatment of pediatric catastrophic diseases.
Founded in 1962, the nonprofit reported $2.3 billion in total revenue in its 2019 financial report. Eighty percent of the organization’s funding comes through ALSAC. The hospital said it treats about 7,500 patients annually from the U.S. and abroad. Furthermore, it does not charge the families of any patients it treats.
The new effort targets five focus areas: Fundamental science. Childhood cancer. Pediatric catastrophic diseases (such as blood disorders, neurological diseases and infectious diseases). Global impact. And its workforce and workplace.
More specifically, the hospital outlined $1.3 billion in new construction and renovation projects that will include family housing, patient family services, a research center, and other facilities such as administrative buildings.
$3.7 billion of the funds are earmarked for cancer research and related clinical care with a focus on high-risk cancers, relapsed diseases, and improving quality of life among survivors.
To read more, click the image.