Good Samaritan Hospital receives $21M gift from Berkshire Hathaway chairman

Los Angeles-based Good Samaritan Hospital received a $21 million donation from Charles Munger, vice chairman of Berkshire Hathaway and chairman of the hospital, to support the hospital’s expansion and renovation project.

Advertisement

The gift will help fund seismic improvements to the facility as well as the hospital’s emergency department upgrade, which will include adding 12 additional beds and an expanded waiting area.

“We are so grateful for the leadership Mr. Munger demonstrates daily.  This gift is a marvelous acknowledgement of his commitment to our patients, physicians, staff, volunteers, and to the Good Samaritan Hospital community in Los Angeles,” said Andrew Leeka, president and CEO of Good Samaritan Hospital. 

More articles on healthcare finance:
9 recent hospital, health system outlook and credit rating actions
Moody’s: Nonprofit hospital rating downgrades rose sharply in 2017
Disney pledges $100M to enhance the patient experience at children’s hospitals

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.