RICHMOND, Va. - The Virginia Commonwealth University Health System has proposed the construction of a free-standing children's hospital with its own management structure and governing board.
The proposal for the Children's Hospital of Richmond at VCU was made Tuesday to the VCU Health System Authority. VCU says the new hospital would still be part of the VCU Medical Center.
The cost of the project wasn't disclosed. VCU says funding is expected to include health system cash reserves, financing and philanthropic support from the community through the Children's Hospital Foundation.
VCU President Michael Rao says the hospital would strengthen the university's commitment to pediatric education and research, along with addressing the health of children in the region and the state.
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