The agreement will be effective July 1 and will add Franciscan to Boston Children’s corporate umbrella, the Children’s Medical Center Corporation. Through the affiliation, the hospitals will invest $500 million to modernize Franciscan’s campus to host a range of mental health and medical rehabilitation services.
The hospitals also plan to hire between 150 and 200 new full-time employees by 2030 to improve care for children and nearly double their behavioral health bed capacity, the report said.