In December 2012, it was announced that LSU Health Systems would transfer the management of ILH to Louisiana Children's Medical Center, a non-profit corporation that manages Children's Hospital and Touro Infirmary. The plan also called for LCMC Health to acquire University Medical Center Management Corporation (UMCMC), a non profit corporation originally established to manage and operate the University Medical Center, a $1.1 billion facility that opened on August 1, 2015. ILH's transition from public to private management took place in June 2013.