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Horizon Foundation, HCGH Fund $3 Million Partnership
Tuesday, May 15, 2007(The Business Monthly) --
The Horizon Foundation is granting $950,000 to Howard County General Hospital (HCGH) during the next four years to help establish a Center for Excellence in Geriatric Health, address emergency psychiatric needs and improve access to care for lower income county residents.
The unprecedented
funding, the largest to a single
institution in the foundation’s nine-year
history, supports The Community Health
Partnership, a joint initiative of the
foundation and HCGH. The hospital has
committed
$2.1 million to the partnership
for a total commitment of
approximately $3 million from the two
organizations.
“The relationship
between the hospital and the
foundation is broader and deeper than that of a
grantor-grantee,” Horizon
President & CEO Richard Krieg said. “We
share a number of priorities such as
improving access to
care and expanding
programs and services for seniors.”
The foundation and the
hospital have jointly
earmarked more than $2 million
of
partnership funding to address the needs
of older adults in Howard County, which has the
fastest growing population of
seniors in the state.
The funding will be used to evaluate the feasibility of including dedicated geriatric facilities within the current Campus Development Plan (CDP). If the studies determine such a project is feasible and supported by projected demographics, it then will be determined how the center of excellence might be structured and what programmatic enhancements could be included.