Sharp HealthCare gets $10M for medical tower

San Diego-based Sharp HealthCare received a $10 million gift that will be used toward the construction of a seven-story, 152-bed medical tower, The San Diego Union-Tribune reported Nov. 28.  

Advertisement

The $900 million tower is expected to open in 2030 and will replace the original Sharp Memorial Hospital building that has been in use since 1955. 

The $10 million gift was donated by San Diego-area philanthropist Laurie McGrath, according to the report. The health system’s foundation launched a $250 million capital campaign last year to help cover construction costs and has raised $141 million to date. 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Capital

Advertisement

Comments are closed.