1 billion campaign officially launched for Stanford Hospital and School of Medicine

Stanford University President John Hennessy yesterday announced the launch of a campaign to transform health care at a local, national and global level. The $1 billion Campaign for Stanford Medicine will make investments in medical research and teaching, build a new Stanford hospital, and accelerate the translation of new medical knowledge into leading-edge coordinated patient care. The medical center is already halfway to its goal, with $500 million in pledges and expectancies from individuals and corporate donors. The Campaign for Stanford Medicine will help fund the construction of a new hospital on the current Palo Alto site, combining the most innovative technologies with amenities to create a healing environment. The new hospital, which will replace aging facilities and bring the medical center up to state seismic standards, will be designed around four patient-care pavilions. Among the early supporters, three fundamental partners made gifts of $50 million each to ensure the successful launch of The Campaign for Stanford Medicine and the construction of the Stanford Hospital. These gifts are from Tashia and John Morgridge, Anne T. and Robert M. Bass, and the Redlich Family. For their support, the Morgridges and Redlich family will each name a patient pavilion. In addition, seven companies have committed $175 million for the project through the Stanford Hospital Corporate Partners initiative. These include founding members Apple, eBay, Hewlett-Packard, Intel, Intuit, Oracle and NVIDIA, which joined the group in April. “Providing the most advanced health care possible to people — locally, nationally and globally — will be one of the great challenges of this in Si de STANFORD MeDICINe