NewYork-Presbyterian Announces $100 Million Donation from David H. Koch — Largest in Hospital's History — to Fund Outpatient Facility on Manhattan's East Side
Hospital Kicks Off $2 Billion Capital Campaign
Apr 2, 2013
NewYork-Presbyterian Hospital announced a $100 million gift from David H. Koch, which will support the construction of its new ambulatory care center at the hospital's Upper East Side location on York Avenue between 68th and 69th Streets.
Hospital trustee and longtime supporter David H. Koch has made the lead gift of $100 million to support the new center, which will be called the David H. Koch Center. The transformative gift is the largest philanthropic donation in the hospital's history and the first lead gift in a $2 billion capital campaign. The campaign, set to be completed in 2019, will enhance the services and infrastructure of all five sites of the hospital: NewYork-Presbyterian/Weill Cornell Medical Center, NewYork-Presbyterian/Columbia University Medical Center, NewYork-Presbyterian/Morgan Stanley Children's Hospital, NewYork-Presbyterian/The Allen Hospital and NewYork-Presbyterian/Westchester Division. The hospital has already raised $1.2 billion during a quiet phase of the campaign.
The David H. Koch Center is designed to provide patients with the best personalized and integrated outpatient care, from diagnosis to treatment to aftercare, in a single, patient-friendly and technologically sophisticated environment. The 450,000-square-foot facility will open in 2018. The center will house a range of services, including multidisciplinary care for digestive diseases, cancer and other conditions, as well as preadmission testing for all hospital patients, outpatient surgery, interventional radiology, diagnostic imaging and a wellness center. An important feature of the center will be its ability to accommodate new technology as patient care treatment evolves in the future.
"As health care increasingly shifts from an inpatient to outpatient setting, NewYork-Presbyterian Hospital is committed to being a leader in providing the highest quality and most compassionate and cost-effective care in a patient-centered environment," said Dr. Steven J. Corwin, CEO of NewYork-Presbyterian Hospital. "The David H. Koch Center will set a new bar in health care delivery by integrating state-of-the-art technology and innovative clinical approaches. We are immensely grateful to David Koch for his leadership and generosity, which will help NewYork-Presbyterian Hospital continue to be one of the preeminent institutions in the country."
"In his 25 years of service to the Board of Trustees at NewYork-Presbyterian Hospital, David Koch has consistently and repeatedly demonstrated his commitment and support to the hospital and its patients," says John Mack, chairman of the Board of Trustees, NewYork-Presbyterian Hospital. "This enormously generous gesture is a gift to not only our hospital but also to New York. I applaud him for his leadership, and it's my privilege to have him as our partner in shaping the health care of the future."
David H. Koch has been a member of the Board of Trustees of NewYork-Presbyterian Hospital since 1988. He currently chairs the board's development committee and sits on its real estate committee. He has also provided leadership and expertise to the board's investment, legal affairs, finance and human resources committees.
David H. Koch
David H. Koch is an executive vice president and a board member of Koch Industries, Inc. and also serves as chairman of the board and chief executive officer of Koch Chemical Technology Group, LLC, a wholly owned subsidiary of Koch Industries.
A long-time philanthropist and cancer survivor, Mr. Koch has given generously to a variety of cultural and medical organizations and programs. In his lifetime, he and the David H. Koch Charitable Foundation have pledged or contributed nearly $1 billion to cancer research, medical centers, educational institutions, arts and cultural institutions, and to assist public policy organizations. In 2005, Mr. Koch received a presidential appointment to the National Cancer Advisory Board of the National Cancer Institute, serving until March 2010 when his term expired. Mr. Koch has been recognized by The New York Academy of Medicine for his support of biomedical research, healthcare and education (2004). His corporate leadership has been honored by the Cold Spring Harbor Laboratory's Double Helix Award (2007), Memorial Sloan-Kettering Cancer Center's Excellence in Corporate Leadership Award (2005) and the prestigious Corporate Citizenship Award from the Woodrow Wilson International Center for Scholars (2004). Other recognition includes the Massachusetts Institute of Technology's Bronze Beaver Award (2008) and Hospital for Special Surgery's Philanthropy Award (2009).
Mr. Koch was born in Wichita, Kan., and earned bachelor's and master's degrees in chemical engineering from the Massachusetts Institute of Technology. He and his wife, Julia, have three children.
NewYork-Presbyterian Hospital, based in New York City, is the nation's largest not-for-profit, non-sectarian hospital, with 2,409 beds. The Hospital has nearly 2 million inpatient and outpatient visits in a year, including 12,797 deliveries and 195,294 visits to its emergency departments. NewYork-Presbyterian's 6,144 affiliated physicians and 19,376 staff provide state-of-the-art inpatient, ambulatory and preventive care in all areas of medicine at five major centers: NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian Hospital/Columbia University Medical Center, NewYork-Presbyterian/Morgan Stanley Children's Hospital, NewYork-Presbyterian/The Allen Hospital and NewYork-Presbyterian Hospital/Westchester Division. One of the most comprehensive health care institutions in the world, the Hospital is committed to excellence in patient care, research, education and community service. NewYork-Presbyterian is the #1 hospital in the New York metropolitan area and is consistently ranked among the best academic medical institutions in the nation, according to U.S.News & World Report. The Hospital has academic affiliations with two of the nation's leading medical colleges: Weill Cornell Medical College and Columbia University College of Physicians and Surgeons.
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