Monmouth Medical Center gets $50M donation

Long Branch, N.J.-based Monmouth Medical Center, part of RWJBarnabas Health, received a $50 million donation to support construction of a new medical campus. 

The gift, the largest named healthcare donation in New Jersey, is from Monmouth County philanthropists Anne and Sheldon Vogel. Mr. Vogel is the former CFO of Atlantic Records.

The gift will establish the Vogel Medical Campus in Tinton Falls, N.J, which will have new technologies, according to RWJBarnabas Health. 

RWJBarnabas Health is in West Orange, N.J.

Find the full press release here

More articles on healthcare finance:
Cook County Health seeks $23M funding boost to help reverse some cuts
Outlook remains negative for US for-profit hospitals, Moody's says
9 hospitals ending services, closing departments

Copyright © 2023 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars