CEO: Children's Hospitals and Donors Should Strive for "What's Possible for Kids"

Despite the challenges that hospitals and health systems face, children’s hospitals must continue to think big about what’s possible for kids, said Dr. Kurt D. Newman, president and CEO of Children’s National at the annual Children's Miracle Network Hospital's "Celebration" conference on Oct. 10. Newman gave the keynote address to more than 1,000 hospital leaders, corporate and media partners, philanthropists, and fundraisers gathered in Orlando, Fla. While acknowledging the uncertainty of the current health environment, Newman asked corporate leaders and other philanthropists to “challenge us to think bigger, to be more ambitious. To focus not just on where the need is today, but where the promise is tomorrow.” Philanthropy must play a dual role of funding big ideas and meeting immediate needs, he said. “The business model is changing, and we need philanthropy to help us close the gap where our operations fall short. Obviously, these big changes are affecting all hospitals and health systems, not just pediatrics. But the need is even greater in children’s hospitals.” Newman explained that children’s hospital are different because of the need to pay for many things that aren’t reimbursed, such as art and music programs, special activities like birthday parties, and child life specialists who support to children and the entire family. Read more.