Children's Hospital of Richmond

What Children's Hospital of Richmond does

Children's Hospital of Richmond at VCU (CHoR) is a nonprofit 501(c)(3) pediatric hospital and the pediatric division of VCU Health, Virginia's most comprehensive academic medical center. It operates as the only full-service children's hospital in Central Virginia and the only Level 1 pediatric trauma center in the state. CHoR serves children from infancy through adolescence across Virginia, the broader United States, and internationally, delivering approximately 80,000+ patient encounters annually across 405,472 outpatient visits, 28,268 emergency department visits, and 10,205 inpatient admissions.

The hospital runs an integrated clinical platform spanning Heart Care, Mental Health, Neurosciences, Hematology/Oncology, Orthopaedic Surgery, General Surgery, and Therapy Services. Its technology footprint is anchored by the recently opened 500,000-square-foot Children's Tower — a purpose-built inpatient facility featuring new operating rooms, expanded imaging capacity, dedicated emergency department space, and family amenities — supplemented by the Children's Pavilion (outpatient), the Children's Emergency Room, the Virginia Treatment Center for Children, and therapy centers across Fredericksburg, Glen Allen, Petersburg, and Stafford. Patient access is supported through the VCU Health MyChart patient portal, a centralized phone appointment line, and physician-referral channels flowing through the VCU Health academic network.

Revenue is generated through three primary streams: patient care services billed via insurance, Medicaid, and self-pay; philanthropic contributions through the Children's Hospital Foundation (individual donations, corporate gifts, legacy giving, and event fundraising); and academic research and education grants channeled through VCU's School of Medicine and School of Nursing. As an academic medical center affiliate, CHoR benefits from pediatric residency and fellowship pipelines, subspecialty referrals, and access to clinical trials. The hospital is not independently owned — it operates as a component of the VCU Health system — and does not raise venture or private equity capital. Quality is independently validated by U.S. News & World Report, which ranked CHoR in 8 pediatric specialties for 2025-2026.

Name

Children's Hospital of Richmond

Legal name

Children's Hospital of Richmond at VCU

Website

https://chfrichmond.org

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

11–50 employees

Short description

Nonprofit full-service pediatric hospital and pediatric division of VCU Health, operating the only Level 1 pediatric trauma center in Virginia and serving 80,000+ children annually across multiple Virginia locations.

Ownership category

akta.pro rank

Product category

Pediatric Hospital Services

NAICS

General Medical and Surgical Hospitals (622110), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Outpatient Care Centers (6214), Ambulatory Health Care Services (621)

SIC

Services-Hospitals (8060), Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Children’s Hospitals & Pediatric Health Systems (HLAFAJAG)

akta.pro secondary industries

Children’s Hospitals (Acute Care) (HLAFAAAI), Pediatric Specialty Care Centers (e.g., cardiology, oncology, neurology) (HLAFAJAH), Pediatric Urgent Care Centers (HLAFADAF), Pediatric Urgent Care & After-Hours Clinics (HLAFAJAI)

Keywords

• Pediatric healthcare
• Children's hospital services
• Pediatric specialty care
• Pediatric trauma center
• Pediatric rehabilitation therapy

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Patient Care Services: Revenue generated from medical services provided to pediatric patients including outpatient visits, emergency department visits, inpatient admissions, surgeries, and specialized treatments. Billed through insurance, Medicaid, and self-pay based on healthcare service delivery model.
2. Philanthropic Donations: Children's Hospital Foundation raises funds through individual donations, corporate gifts, legacy giving, event fundraisers, and gifts in kind to support pediatric healthcare services, facility improvements, equipment, and research programs.
3. Research and Education Grants: Academic medical center affiliation with VCU enables funding through pediatric research grants and medical education programs through VCU School of Medicine and School of Nursing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Children's Hospital of Richmond at VCU is a full-service pediatric hospital delivering inpatient, outpatient, surgical, emergency, and therapy services to children from infancy through adolescence. Clinical offerings span cardiology, oncology, mental health, neurosciences, orthopaedic surgery, and rehabilitation, delivered across dedicated pediatric facilities including the newly opened 500,000-square-foot Children's Tower.

Product overview

Children's Hospital of Richmond at VCU is a full-service pediatric hospital providing comprehensive healthcare services across multiple specialties. The hospital operates as a single integrated healthcare delivery system with the Children's Tower serving as the flagship 500,000-square-foot inpatient facility. Clinical services include Heart Care, Mental Health, Neurosciences, Hematology and Oncology, Orthopaedic Surgery, Surgery, and Therapy Services. The hospital supports its clinical operations through the Children's Hospital Foundation for philanthropy, and provides patient access via the VCU Health MyChart portal. The hospital delivers care across numerous locations including the Children's Emergency Room, Children's Pavilion, Children's Tower, Fredericksburg Multispecialty Center, and multiple therapy centers throughout Virginia.

Differentiator

Problem solved

Functional benefit

Products and services

• Heart Care

Quantifiable outcome

• 405,472 outpatient visits annually
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• VCU HealthcoreStrategic or Co-development PartnerChildren's Hospital of Richmond is the pediatric division of VCU Health, Virginia's most comprehensive academic medical center. This partnership provides access to VCU School of Medicine and School of Nursing for medical education, pediatric residency and fellowship programs, and integration with the broader VCU Health hospital system for complex case referrals and specialized treatments.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Seattle Children's Hospital: Full-service nonprofit pediatric academic medical center affiliated with University of Washington. Comparable to CHoR in academic-affiliated pediatric specialty hospital model, multi-specialty breadth, and U.S. News rankings.
• Nemours Children's Hospital: Pediatric health system operating children's hospitals in Delaware and Florida with extensive outpatient network. Comparable to CHoR as a nonprofit, multi-site pediatric system with strong specialty programs and ranked specialties.
• Cincinnati Children's Hospital Medical Center: Full-service, nonprofit pediatric academic medical center consistently top-ranked by U.S. News across multiple specialties. Comparable to CHoR in operating model (nonprofit, academic-affiliated, multi-specialty pediatric hospital).
• Boston Children's Hospital: Harvard-affiliated full-service pediatric academic medical center and consistently top-ranked children's hospital in the U.S. Closest analog to CHoR in terms of academic-medical-center model, specialty breadth, and research-driven care.
• Children's Healthcare of Atlanta: Large nonprofit pediatric health system operating three hospitals and multiple outpatient locations across metro Atlanta. Comparable to CHoR in multi-site pediatric delivery model, specialty breadth, and academic affiliations (Emory and Morehouse).
• Children's Hospital of Philadelphia (CHOP): One of the largest and oldest full-service pediatric hospitals and research institutions in the U.S., nationally ranked across numerous specialties. Directly comparable to CHoR in service-line breadth, academic affiliation, and U.S. News ranking profile.

Regional players

• Duke Children's Hospital: Pediatric service line of Duke University Health System. Comparable to CHoR as an academic-medical-center pediatric program but serves a different regional catchment (North Carolina) and competes for complex pediatric referrals across the Southeast.
• Children's National Hospital: Washington, D.C.-based nonprofit pediatric academic medical center affiliated with George Washington University. Comparable in mission and structure but operates primarily in a different mid-Atlantic geography, creating both an out-of-region referral source and a competitive threat for complex cases.
• UVA Children's Hospital: Pediatric division of UVA Health, the only academic medical center in Charlottesville, VA. Comparable in academic-medical-center pediatric model but operates in a different Virginia geography, making it both an in-state referral competitor and complement.

Broad incumbents

• Johns Hopkins Children's Center: Pediatric service line within Johns Hopkins Medicine, a large broad academic health system. Comparable to CHoR-VCU relationship as an academic medical center pediatric division, though Hopkins is significantly larger and broader in scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/childrensatvcu
• YouTubeyoutube.com/playlist?list=PLXedMpy3bSJOkndLrgBRnfAdgyNyeQ3dp
• Facebookfacebook.com/childrensatvcu
• LinkedInlinkedin.com/company/children%27s-hospital-of-richmond-at-vcu?trk=affiliated-pages_result-card_full-click
• Instagraminstagram.com/childrensatvcu

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Children's Hospital of Richmond