# Intermountain Health Receives $150 Million Gift for Nevada's First Stand-Alone Children's Hospital

> Intermountain Health receives a $150 million gift from Felicia and Ben Horowitz to build Nevada's first stand-alone children's hospital, opening in 2030.

- Published: 2026-10-23T21:27:30+00:00
- Section: Business
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-23/intermountain-health-150-million-childrens-hospital
- Source: [PR Newswire](https://www.prnewswire.com/news-releases/intermountain-health-receives-one-of-the-nations-largest-gifts-in-pediatric-care-302918489.html)

## Key takeaways

- Intermountain Health received a $150 million gift from Felicia and Ben Horowitz to build Nevada's first stand-alone children's hospital.
- The hospital, named Intermountain Health Felicia and Ben Horowitz Children's Hospital, is expected to open in 2030 at the UNLV Harry Reid Research and Technology Park in Las Vegas.
- The gift is part of the Nevada Campaign for Kids, and the hospital is expected to break ground next week.

Intermountain Foundation announced a $150 million commitment from Felicia and Ben Horowitz to build Nevada's first stand-alone children's hospital, named [Intermountain Health](https://akta.pro/company-profiles/0002vfu/intermountain-health) Felicia and Ben Horowitz Children's Hospital. The gift, announced October 23, 2026, is one of the largest made to a children's hospital in the United States, according to [PR Newswire](https://www.prnewswire.com/news-releases/intermountain-health-receives-one-of-the-nations-largest-gifts-in-pediatric-care-302918489.html). The hospital is expected to open in 2030 at the UNLV Harry Reid Research and Technology Park in southwest Las Vegas.

## The Horowitz Gift and Its Purpose

The $150 million commitment is dedicated to building a new future for children and families in Nevada, and Intermountain Health said it represents a step in a larger vision to build a model health system for children. The hospital will recruit pediatric providers and address critical needs such as behavioral health and specialized pediatric care. "At the heart of this gift are children and families," said Felicia Horowitz, president of the Horowitz Family Foundation and co-founder and president of The Paid in Full Foundation. "Every parent wants to know that when their child needs care, the very best people and resources are there for them." Ben Horowitz, co-founder and general partner of Andreessen Horowitz, said, "Great institutions are built by great communities that see beyond themselves." David Flood, chief development officer of Intermountain Health and president of Intermountain Foundation, said the gift "propels pediatric care in Nevada 10 to 15 years into the future." The gift is part of the Nevada Campaign for Kids, and the hospital is expected to break ground next week.

## Intermountain Health at a Glance

Intermountain Health is a nonprofit integrated health system operating 34 hospitals and more than 400 clinics across Utah, Idaho, Nevada, Colorado, Montana, and Wyoming, according to akta.pro [company records](https://akta.pro/company-data). The system serves more than 3 million telehealth patients and has a wholly-owned health plan. Intermountain Health was founded in 1973 and is headquartered in Murray, Utah. The same records list a revenue estimate of more than $5 billion and a valuation estimate of more than $25 billion.

## Earlier Support for the Nevada Campaign

In October 2026, the Intermountain Healthcare Foundation received a $50 million commitment from Larry and Heidi Canarelli to develop Nevada's first freestanding children's hospital, Beckershospitalreview reported. In September 2026, University of Utah Health and Intermountain Health Primary Children's Hospital expanded pediatric pulmonary hypertension care with a new endowed chair, funded by a $10 million gift from the Hyde family, FinancialContent Business Page reported. The Horowitz gift follows those commitments to the Nevada Campaign for Kids.

## Next Steps for Intermountain Health

The hospital is expected to break ground next week and to open in 2030 at the UNLV Harry Reid Research and Technology Park in southwest Las Vegas.

## Companies in this story

- [Intermountain Health company profile](https://akta.pro/company-profiles/0002vfu/intermountain-health) · website: https://intermountainhealthcare.org

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