NEW: OHSU Sets Fundraising Record by Meeting $1 Billion Challenge
Thursday, June 25, 2015
“Today Oregon Health and Science University announced achievement of the $1 billion Knight Cancer fundraising challenge. This is an amazing accomplishment and a testament to the great science happening at OHSU as well as Dr. Brian Druker’s exciting vision for ending cancer. I’m proud of Oregonians for coming together to support the Knight Cancer Challenge. This bodes well for our state’s future, not just for cancer research and care, but also our ability to take on the big challenges of our time.” said Governor Kate Brown.
The $1 billion will support the first large-scale program dedicated to early detection of lethal cancers — one of the biggest unmet needs in cancer care today.
"This is a historic milestone for cancer research, for Oregon and for our institution,” said OHSU President Joe Robertson, M.D., M.B.A. "The support we have received to achieve our ambitious goal ― putting an end to cancer as we know it ― has been nothing short of stunning. We are deeply grateful to the state of Oregon for its leadership and investment at the early stages of our campaign as well as to the thousands of individuals, companies and foundations who joined us along the way.”
Fundraising Challenge
Meeting the Knights' $500 million fundraising challenge marks the largest documented challenge pledge to succeed, according to researchers with the Indiana University Lilly Family School of Philanthropy.
"Penny and I have total confidence in Brian Druker and the entire OHSU Knight Cancer Institute team to put a stop to a disease that touches each of our lives,” Phil Knight said. "These last 22 months have shown what is possible when people of vision focus on a single goal. We are more convinced than ever that cancer will meet its match at OHSU, and we are proud to play a role in this history in the making.”
What The Funding Will Do
This $1 billion in funding will give the OHSU Knight Cancer Institute the opportunity to recruit about 25 of the world’s top researchers.
With this expansion, OHSU will also move forward with construction of two buildings ― a state-of-the-art cancer research facility designed from the ground up to support a new model of combining scientific disciplines to speed progress and new cancer care clinics for expanded clinical trials that will translate the scientific discoveries made by the team into next-generation detection tests, tools and treatments.
"Today too many patients die or have to suffer through debilitating treatments because their disease is caught too late. Too few physicians and scientists are focused on this problem in a meaningful way and we are committed to filling that gap,” Druker said. "We are thankful to everyone who is making this goal a reality.”
Related Slideshow: 20 Oregon Hospitals That Charge The Most
Which Oregon hospitals charge the most? Act Now for a Healthy Oregon analyzed 2013 data from Oregon Health Authority’s Inpatient Discharge Data for each of the 100 most frequent MSDRG primary diagnoses. An average charge was calculated per diagnosis (MSDRG) per hospital for patients with commercial insurance.
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