The public phase of Lifeline: The Campaign for Albany Medical Center has launched with news that Albany Med already has raised $106.8 million toward the $125 million campaign goal. More than 200 gathered at a reception and press event in late October, when donors to date were honored and Albany Med President Jim Barba announced a $15.5 million gift from a single anonymous donor — the largest gift in the institution’s more than 170-year history. The funds raised in the campaign will help support the new Patient Pavilion and improvements to the existing hospital, as well as medical education and biomedical research.
Pictured from left between campaign chairman John J. Nigro (left) and Barba (right) are three of the many who have benefited from Albany Med’s services: Lara Reichert, a scholarship student at Albany Medical College; breast cancer survivor Shirley Arensberg; and researcher Michelle Lennartz, PhD. Read more about their stories inside.
How the Community Understands Value of Albany Med
Albany Medical Center, truly an institution built by the community, has grown to serve as the “Lifeline” for our region.
In 1830 Alden March, MD, Albany Medical College’s founder and its first dean, delivered an address “on the expediency of establishing a medical college and hospital in the City of Albany,” and within the decade his vision was realized.
But that vision has come at a cost — one that increases almost daily as quality patient care, medical education and scientific research have become more complex and regulations more and more demanding.
Our community has understood the value and importance of Albany Med, and has shown its support through philanthropy for our missions time and time again.
Albany Medical College, throughout its history, has distinguished itself as the educator of many physicians who choose to practice here in northeastern New York, as well as across the country. Many of its students are non-traditional, and thousands are helped with scholarships.
The faculty physicians employed by the college today represent the largest physician practice in the region. They practice at Albany Medical Center, our region’s largest hospital, as well as in community locations throughout our 25-county service area. These physicians provide access to care for many area residents who rely on public insurance programs not accepted in doctors’ offices because of lower reimbursement rates and high regulatory demands.
Albany Medical Center views access to state-of-the-art patient care of the highest quality as a core mission. When reimbursement is inadequate to cover costs of care, or to provide the extras like toys for sick children, the community helps — consistently and generously.
Philanthropic support also is provided by patients expressing gratitude for their care or supporting disease-specific research. Albany Medical College alumni are another wonderful source of support, eager to give today’s students the benefits of the education they received.
Several years ago Albany Med launched Lifeline: The Campaign for Albany Medical Center. During the capital campaign’s early phases, stakeholders, including community and business leaders, corporations, foundations and alumni, committed nearly $107 million in support. Now, as the Lifeline campaign enters its public phase and more people hear the message about the need to help support Albany Med and its important work, the positive response is expected to reach the campaign’s goal of $125 million.
How To Give
To learn more about being part of Albany Med’s Lifeline campaign and our role as a vital regional resource — a place known for its expertise and chosen for its care — go to www.amc.edu/give, email Development@mail.amc.edu or call 518-262-3322.