Knights give $75 million to Providence Heart Institute
Providence Heart Institute near Beaverton has received a $75 million gift from Phil and Penny Knight to support continued growth and innovation in cardiac services, including the development of a heart transplant program at Providence.
The $75 million gift from is one of the largest gifts ever made to a community hospital, officials said. This donation builds on $25 million given by the Knights in 2014, which was matched by other donors to complete a $50 million campaign.
"The transformational gifts from the Knights, along with thousands of other donors, further accelerate ongoing advancements and world-class care at Providence Heart Institute," according to a Thursday, March 14, press release. "Through their generosity over the past five years, the institute has focused on three centers of activity to support health and innovation: clinical care; prevention and wellness; and research and innovation.
The institute is the highest volume and most comprehensive heart program between Seattle and San Francisco, according to officials.
"We are proud of our physicians and caregivers whose unwavering commitment has led to our recognition as a premier cardiac center," Dr. Dan Oseran, executive medical director, said. "We are honored by the gifts from Phil and Penny Knight and our many donors whose belief in Providence Heart Institute helps us build on our long tradition of excellence. We are deeply grateful for our patients who choose Providence to serve them. Their courage motivates and inspires us."
The institute will begin a heart transplant program, according to officials.
"For the past five months Providence Heart Institute has been providing critically needed services for nearly 400 additional patients who had previously received a heart transplant or an implanted left ventricular assist device and received care at OHSU," Oseran said. "It's clear that our state needs an established, comprehensive and stable set of services for these vulnerable patients."
"This is not about prestige or competition or money," said Lisa Vance, chief executive for Providence Health & Services in Oregon. "It's about vulnerable people and families who need quality care close to home. We feel that we are in a unique position to deliver that care."
"Given we have nearly all the required infrastructure already, we anticipate starting a heart transplant program here at Providence within a year," Oseran said. Additional needs would include formal certification of the program and recruitment of a transplant surgeon.
"Providence Heart Institute is considered one of the best cardiac programs on the West Coast and we have been able to consistently recruit outstanding physicians from the top programs in the country to join us," Oseran added. "The generous support we have received from our community has helped foster a dynamic culture of innovation with the patient at the center of everything we do."
You count on us to stay informed and we depend on you to fund our efforts. Quality local journalism takes time and money. Please support us to protect the future of community journalism.