Duke Health and UNC Health are creating a new nonprofit, N.C. Children’s, to build and operate the 500-bed hospital. A site has not yet been chosen but is expected to be announced this summer. It will involve a campus of at least 100 acres with a children’s outpatient center and a children’s behavioral health hospital.

Two North Carolina-based university health systems have announced an agreement to construct the state’s first standalone children’s hospital.

UNC Health and Duke Health, the Triangle's two largest health care providers, will join forces to open a new children's hospital in the Triangle with financial backing from the state, multiple sources familiar with the plans told Axios.