California hospital receives $50M gift for expansion

Hoag Memorial Hospital Presbyterian received a $50 million gift from the Sun Family Foundation, which will support the organization’s expansion for new healthcare facilities, technology and treatment protocols.

Advertisement

Sun Family Foundation was founded by David and Diana Sun. Mr. Sun co-founded computer technology corporation Kingston Technology, according to a March 21 Hoag Memorial Hospital Presbyterian news release. 

The gift will support the creation of three medical institutes on the hospital’s campus in Irvine, Calif., which is expected to open in 2025, The Orange County Register reported March 20. The institutes will provide care for women’s health, cancer and digestive illnesses.

“This remarkable gift from the Sun Family Foundation will enable Hoag to dramatically expand the breadth of outstanding healthcare services available to the Orange County community,” said Flynn Andrizzi, PhD, president of Hoag Hospital Foundation. “The Sun family’s generosity is a testament to the unique relationship Hoag enjoys with the community — and how, together, we can make Orange County stronger and healthier.”

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.