February 4, 2011

Six Silicon Valley Companies Pledge $150 Million for Stanford Hospital Facility

Posted in Philanthropy at 8:34 pm by philanthropynews

Stanford Hospital & Clinics has announced that six leading Silicon Valley technology companies have joined together to pledge as much as $150 million over ten years for development of a new $2 billion hospital to be built at Stanford Medical Center.

Apple, eBay, HP, Intel, Intuit, and Oracle, the founding members of the new Stanford Hospital Corporate Partners Program, will support development of the new hospital, which is designed to create a global model for patient-centered, technologically advanced health care, and will work collaboratively with SHC to develop innovative approaches to patient access, information, education, and navigation.

SHC aims to raise an additional $400 million in private donations for the facility, which will use the latest in sustainable technology and be designed to accommodate an ever-accelerating pace of medical and technological change. At the same time, technical requirements will be balanced by a healing environment that is responsive to the emotional, social, and psychological needs of patients, families, visitors, medical professionals, and staff.

(Read more via Philanthrophy News Digest.)