Loma Linda University Health Unveils $1.2 Billion Expansion Plan
Loma Linda University Health is expected to launch a $1.2 billion strategy aimed at transforming healthcare for millions throughout California. The announcement comes after a gift commitment of $100 million from Dennis and Carol Troesh, business leaders and long-time residents of Riverside, California.
Vision 2020, named after the year officials hope to complete their projects, includes plans of expanding the children’s hospital, building a new adult medical center and installing a research center worth $60 million.
“The world is asking what Loma Linda University Health and our people have to offer. Now is the time to be bold, to look toward what can be, and be daring, so it is with profound excitement that I have the privilege of revealing Vision 2020, a dream of a healthier, more whole world that has been in our hearts and minds for the past few years,” said Dr. Richard Hart, president of Loma Linda University Health, in an issued release.
The project had already raised $149 million prior to the pledge on Tuesday, July 15, which is being regarded as the “largest single-gift commitment to healthcare in the history of the Inland Empire.”
The pledge jump-starts a campaign to raise $350 million in philanthropic gifts to support the expansion effort. An additional $175 million is expected to come from state bond earmarks.
Vision 2020 currently represents the largest investment in healthcare in the region and the initiative builds on the institution’s core strengths of pursuing new discoveries and building on foundations of education, research, wholeness and service.
“Vision 2020 is a campaign for a whole tomorrow, it is a catalyst that will bring together a vision for the future for the health of our community,” said Rachelle Bussell, senior vice president of advancement at Loma Linda University Health.
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