The gift, from the Arthur M. Blank Family Foundation, is the largest in the organization’s history.
The gift will help fund construction of Children’s Healthcare of Atlanta’s new hospital and outpatient medical facility. The hospital will be named The Arthur M. Blank Hospital in honor of the donation.
The 1.5 million-square-foot-hospital, expected to open in 2025, will include a 19-story tower with two wings, operating rooms, specialty beds and space for clinical research.
The campus project also includes building an 11-story, 325,000-square-foot medical office building that will house outpatient clinics, a simulation center and medical conference space.
“We are beyond grateful to Arthur and his family foundation for this generous donation to help our mission grow and inspire others to give to Children’s,” said Donna Hyland, CEO of Children’s Healthcare of Atlanta.
Mr. Blank is a co-founder of the Home Depot and owns the NFL’s Atlanta Falcons.
More articles on healthcare finance:
M Health Fairview to lay off 900, close hospital ED
Stranger pays $5,000 toward Kentucky heart patient’s hospital bill
Scripps California hospital gets $25M donation to support 64-bed tower
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.
