Boston Children's Hospital

Health System with 2 hospitals across 1 state

Health System Overview

Health System	Boston Children's Hospital
Total Hospitals	2
Commercial/Acute Hospitals	2
Total Beds	507
Commercial/Acute Beds	507
Headquarters	Boston, MA
Website	childrenshospital.org

Hospitals by Type

Children

2 hospitals

100% of health system

Teaching Status

100%

Teaching

Teaching Hospitals: 2

Non-Teaching Hospitals:

Teaching hospitals serve as educational institutions for medical professionals while providing patient care.

Hospital Locations

Hospitals in this Health System

Hospital	Type	Beds	Teaching	Recently Joined
Franciscan Children's	Children	112	Yes	No
Boston Children's Hospital	Children	395	Yes	No

Recent News

2025-05-06

A $3 million settlement has been reached in a class action lawsuit against Boston Children's Hospital [4, 9]. The lawsuit alleged that the hospital and its board of directors and retirement committee failed to prudently monitor the employee retirement plan, leading to excessive recordkeeping fees [4]. The proposed settlement aims to cover individuals who participated in the Children's Hospital Corporation Tax-Deferred Annuity Plan between January 18, 2016, and the date of preliminary settlement approval, potentially affecting over 20,000 participants [4]. Class members do not need to take action to receive settlement benefits, which will be deposited directly into their investment accounts or paid via check [4].

2025-04-30

Boston Children's Hospital is set to pay $3 million to settle a lawsuit that could affect 20,000 participants and beneficiaries of a 403(b) plan [2]. The preliminary settlement was outlined on April 28 in a U.S. District Court in Boston [2]. The lawsuit, initiated in January 2022 by four former employees, alleged violations of ERISA, citing unreasonable expenses, high investment fees, and retention of poor-performing investments [2]. While the hospital denies any liability or wrongdoing, they agreed to the settlement to avoid further litigation expenses [2].

Executive Leadership

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