Intermountain Health gets $150M for Las Vegas children’s hospital

Intermountain Health has been working for years to build a new, standalone children’s hospital in Las Vegas, and a $150 million gift is going to help the system realize that vision.

The health system announced the contribution Friday. Felicia Horowitz, president of the Horowitz Family Foundation, and Ben Horowitz, co-founder and general partner of venture capital firm Andreessen Horowitz, provided the gift to Intermountain.

In honor of the contribution, the pediatric facility will be named the Intermountain Health Felicia and Ben Horowitz Children’s Hospital.

David Flood, chief development officer of Intermountain Health and president of Intermountain Foundation, said the contribution is “profound in its reach.”

“It will change the lives of children, carry families through some of life's hardest moments, and inspire the caregivers who dedicate themselves to serving them," Flood said in a statement. "This gift propels pediatric care in Nevada 10 to 15 years into the future, and its significance is not limited to one building or one community.”

The pediatric hospital is slated to open in 2030. It will be built at the UNLV Harry Reid Research and Technology Park in southwest Las Vegas.

Intermountain said the contribution will help expand its pediatric care across the system.

The health system has been raising hundreds of millions of dollars to improve pediatric care. Intermountain also opened a new pediatric hospital in Lehi, Utah in 2024.

One of the nation’s largest nonprofit health systems, Intermountain Health operates 34 hospitals and about 400 clinics, with care sites in six states.

‘Generosity takes many forms’

Felicia Horowitz, co-founder of The Paid in Full Foundation, said in a statement provided by Intermountain that Nevada has a responsibility to provide children better care. ‘If we can help make that possible, the impact will be felt for generations,” she said.

“Creating a healthier future for children is never about one family or one gift,” said Felicia Horowitz said in the statement. “Generosity takes many forms, and we’re grateful to be part of something that will bless the lives of children and their families across Nevada. Our hope is that families see this hospital as something that belongs to all of us. Every child deserves every opportunity to thrive.”

Ben Horowitz said that he anticipates the new children’s hospital will attract top clinicians.

"What excites me about this effort is the opportunity to attract exceptional physicians, nurses, and caregivers who want to dedicate themselves to improving children's lives,” he said in a statement. “When talented people come together around an important mission, impact happens. That's the future this hospital has the potential to create.”

Major gifts to hospitals

The gift to Intermountain joins a list of substantial contributions health systems have received over the past year.

Phil Knight, the founder of Nike, and his wife, Penny, donated $1.1 billion to the Providence St. Vincent Medical Center in Portland, Oregon. The Catholic health system announced the contribution last month. Providence says the money will be used to build a hospital focused on women’s health, the first of its kind in Oregon. Some of the money will also be directed to the Providence Heart Institute.

In April, Michael and Susan Dell contributed $750 million to the University of Texas at Austin to build a new medical center. The Dells have given more than $1 billion to the university. The new medical center is slated to open in 2030, and university officials said it is envisioned as an “AI native” hospital, the Associated Press reported.

Sutter Health and Santa Clara University are going to build a new medical school in Silicon Valley, thanks to a $175 million gift from Mark and Mary Stevens. The institutions announced the gift in May.

Last month, Hackensack Meridian Health announced a $125 million contribution to the New Jersey health system. The donor has chosen to remain anonymous.

Hackensack Meridian says the gift will be used to transform the Jersey Shore University Medical Center.