Noun and の adjective
びょういん
病院までタクシーで、千円ぐらいです。
It takes about a thousand yen to get to the hospital by taxi.
この病院の院長は、九九もできない。
The head of this hospital can't even do his multiplication tables.
この病院で医者をすることには本当に嫌気が差すね。患者は馬鹿ばっかりなんだ。
I hate being a doctor in this hospital. The patients are all idiots.
A sick institution is a place where sick people go. That is a hospital.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.