Piedmont receives $75M donation for heart care, capital improvements: 5 things to know

Atlanta-based Piedmont Healthcare has received a $75 million gift from The Marcus Foundation to advance heart care and renew its Atlanta hospital campus.

Here are five things to know about the gift.

1. This is the second largest gift ever made to a community hospital in the nation, according to Piedmont.

2. Piedmont Healthcare said the gift supports the growth of Piedmont Heart Institute, the system's heart and vascular program, and the renewal of Piedmont Healthcare's Atlanta campus by establishing the Marcus Heart and Vascular Center.

3.The Marcus Heart and Vascular Center will provide space for heart-related procedures and hospital stays, as well as enhanced patient support and navigation services, according to a news release. Piedmont Healthcare said the donation will also allow the system to participate in and lead cardiovascular research studies, and share its work with other national experts in cardiovascular care.

4. The $75 million donation follows a $20 million donation given in 2012 by The Marcus Foundation, which helped establish the Marcus Heart Valve Center at Piedmont Atlanta. 

5. "We are humbled and honored that The Marcus Foundation chose once again to invest its resources in Piedmont," Kevin Brown, president and CEO of Piedmont Healthcare, said in a prepared statement. "This gift is perfectly timed to help accelerate the growth of Piedmont Heart and refresh the Atlanta campus with a focus on clinical excellence, patient safety and a customer-centric approach to the healthcare experience."

 

More articles on finance and revenue cycle management:

Detroit retirees have limited time to recoup medical costs for 2015
Patients see bills mount after medical helicopter rides: 8 findings
CMS: Track & improve ICD-10 progress

 

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months