This orphanage provides education and medical care for children who have lost their parents.

orphanage 是由名词 orphan（孤儿）加上后缀 -age 构成的名词。orphan 指失去父母的孩子，-age 是表示"场所"或"状态"的后缀。合起来指"收留和照顾孤儿的机构"，即"孤儿院"。