How a 60-year-old hospital saved $250 million on its renovation
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Instead of building anew, Children’s Hospital New Orleans saved money by renovating and expanding while staying open.
Children’s Hospital New Orleans (CHNOLA) had an aging problem. The largest pediatric health services provider in Louisiana, it was operating out of a building constructed in 1955 and having trouble keeping up with the latest practices and technologies in healthcare. So in 2015 the hospital set out to bring itself up to date. What followed was a remarkable and complex $300 million renovation and expansion that, according to its designers, was about $250 million cheaper than it could have been.