Texas Children's Hospital News & Updates

[Gary]

I think this was in the Sunday's before last's Chronicle.

Have fun with your regionals. I am sticking with the Texas Medical Center.

I'm with you coog.

My son has asthma and has been misdiagnosed on three seperate occasions by Memorial Herman. Each of those times he was in serious trouble and we ended up at Texas Childrens. Thank God for the TMC as they have litterally saved my son's life on at least one occasion. I will not return to Memorial Herman again, at least not with type of trauma.

[Highrise Tower]

This is (radical) and I wanted to share.  TCH has a nice campus at Fannin & Holcombe.  The circular/oval sky bridge is infamous.  IMO, it's the best sky bridge in the whole Texas Medical Center! Although, Houston Methodist's Centennial Tower is supposed to have a 13-story sky bridge, which sounds out of this world too.

TCH offers the campus map in their Wayfinding section of their website.

https://www.texaschildrens.site/wayfinding/maps.html

All four buildings have basement/underground parking.  I believe that is very expensive to do, and also risky due to flooding.

[Highrise Tower]

"Texas Children's is working on some things too"

Be on the lookout for capital improvements or new buildings.

[Highrise Tower]

Ten hospitals earned a place on the Best Children's Hospitals 2023-2024 Honor Roll by accumulating points for being highly ranked in many specialties.

https://health.usnews.com/best-hospitals/pediatric-rankings

#1
Cincinnati Children's
Cincinnati, OH

#2
Boston Children's Hospital
Boston, MA

#3
Texas Children's Hospital
Houston, TX

/

While I understand Texas Children's Hospital is the biggest in the nation, I wonder why other hospitals beat us? Boston has the life science cluster(s) with Kendall Square.  I'm not familiar with Cincinnati Children's. Must be first class?

TCH all the way though.  It must be splitting hairs at that point.

 

[Pleak]

That map a couple of posts up is a bit outdated.  They have already renovated the old Baylor Clinic across Main St. and built a new skybridge connection to the Women's Pavilion. 

TX Children's also owns the old John O'Quinn medical building.   I imagine when Baylor adds more to their new campus they will vacate it and TCH will renovate it (and probably re-clad it to match the other buildings)

[Highrise Tower]

Texas Children's Hospital receives ratings downgrade after Medicaid changes
July 31, 2024
https://www.bizjournals.com/houston/news/2024/07/31/medicaid-texas-childrens-hospital-fitch-ratings.html

Texas Children’s Hospital has seen a financial ratings downgrade this summer, one consequence of state policy regarding Medicaid.

In a July report, Fitch Ratings downgraded the health system's issuer default rating — the likelihood that Texas Children's would default on its financial obligations — from an AA to an AA- rating. The agency cited multiple factors in the rating change, including lower patient volumes and delays in opening its $485 million Texas Children’s Hospital North Austin campus.

According to Fitch’s rating system, any rating above an “A” is still a low risk of defaulting. Texas Children’s has not had a ratings change since August 2018. The agency spotlighted modest returns from the Texas Children’s Health Plan — which had a membership of 450,000 as of April 2024 — as another key factor in its downgrade.

[Renaissance1999]

Texas Children's Hospital laying off 5% of its staff due to financial challenges

https://abc13.com/post/texas-childrens-hospital-lays-off-5-staff-due-financial-challenges-houston-chronicle-reports/15151128/

According to the Chronicle, Executive Vice President and Chief Human Resources Officer Linda Aldred said that Texas Children's has approximately 20,000 employees across 120 locations in Houston, across Texas, and globally, adding that a 5% reduction in that workforce would cut roughly 1,000 jobs.

"This has been so challenging and so difficult for us to get here. We have been really thoughtful about it," Aldred told the Chronicle. "We do not plan to have additional cuts or job eliminations."