The gifts — $7.5 million from the Weingart Foundation, founded by philanthropists Ben and Stella Weingart, and $7.5 million from the Ballmer Group, founded by Microsoft CEO and Los Angeles Clippers owner Steve Ballmer and his wife, Connie — will be allocated to MLK Community Medical Group, a physician group established by hospital leaders in 2016. The funds will help the physician group attract talent to the area.
“Thanks to the Weingart Foundation and Ballmer Group’s bold investments, we can create a healthcare delivery system that will transform the lives of all of our community members in South [Los Angeles], “said Elaine Batchlor, MD, CEO of Martin Luther King Jr. Community Hospital.
More articles on healthcare finance:
15 hospitals seeking RCM talent
Children’s Mercy Kansas City receives two record-breaking gifts totaling $150M
Massachusetts community hospital posts 32nd consecutive operating surplus in FY 17
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
