The University of Texas at Austin has received a $100 million gift to support its planned academic medical center.
The donation comes from Austin residents Tench and Simone Coxe, according to a Jan. 12 health system news release.
The donation is one of the largest in the university’s history and will support the integration of UT’s research enterprise, Dell Medical School and UT MD Anderson Cancer Center into a digitally enabled health system for Central Texas. The medical center will include a new UT hospital focused on complex and serious conditions, as well as an expansion of UT MD Anderson’s cancer services in Austin.
The university said the investment will allow leaders to direct resources toward construction, technology, clinician recruitment and community health programs.
The $2.5 billion University of Texas Austin Medical Center is expected to break ground in 2026 and is projected to open in 2030.
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