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Stanford President John Hennessy announces launch of $1 billion Campaign for Stanford Medicine

About 250 guests gathered at the medical school today to hear Stanford University President John Hennessy, PhD, announce the launch of the $1 billion Campaign for Stanford Medicine. The campaign will help build a new Stanford Hospital, as well as fund investments in medical research and teaching. The campaign is already halfway there, with $500 million committed from individuals and corporate donors, Hennessy said. These include:

  • $150 million in gifts from three fundamental partners: Tashia and John Morgridge; Anne T. and Robert M. Bass; and the Redlich Family. The Morgridges and the Redlich Family each will name one of the 4 patient care pavilions.
  • $175 million from seven companies through the Stanford Hospital Corporate Partners initiative.

In announcing the campaign, Hennessy said:

Providing the most advanced health care possible to people — locally, nationally and globally — will be one of the great challenges of this century. The Campaign for Stanford Medicine draws upon our particular strengths — the proximity of the university to its hospitals and clinics — to focus on this issue and better serve the public. It will allow us to seek solutions to some of medicine’s most daunting problems, and it will begin in our own community with the new Stanford Hospital. With the early support of visionary and generous partners, and others who will join us in this venture, we will realize a new, transformative model of health care.

The new hospital will include a state-of-the-art Emergency Department; interventional platforms that bring surgical, imaging, interventional and intensive care together in one space; one of the world’s most advanced collections of medical imaging capabilities; and a design that focuses on patients’ social and emotional needs, with private rooms, in-room stays for loved ones and a Garden Floor. Built on the site of the current hospital, it will replace aging facilities and bring the hospital up to state seismic standards. Construction is already under way, with an opening slated in 2018.

Image of new hospital from Rafael Viñoly Architects

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