The money comes from a trust established by John Bancker Gribbel, who died in 1947. Mr. Gribbel was a long-time patient of Charles H. Schoff, MD, who founded Media Hospital, which preceded Riddle Hospital, Main Line said Wednesday, according to the report.
The gift will help the hospital implement a new strategic plan between 2016 and 2020, according to the report.
More articles on finance:
Moody’s affirms outlook on nonprofit healthcare sector
OIG tags Louisiana hospital for incorrect billing
HCA sees profit rise as patient volume grows