Stock Under $10 with 50-100% upside potential - 14 Days FREE!

University Of Michigan Cardiovascular Center Named In Honor Of Samuel And Jean Frankel

Detroit-area philanthropists advance patient care with $50 million in giving to the Cardiovascular Center

ANN ARBOR, Mich., March 21, 2013 /PRNewswire-USNewswire/ -- The University of Michigan Cardiovascular Center will be named in honor of the late Samuel and Jean Frankel, whose foundation provided early support of the Center's innovative model for caring for people with cardiovascular disease.  

The University's Board of Regents approved the naming Thursday to recognize Samuel and Jean Frankel's groundbreaking support of the U-M CVC.  Gifts from the Frankels to advance health care and culture at the U-M are among the most generous in school history, and their heritage of philanthropy has elevated scholarship and culture worldwide.

A $25 million gift from the Samuel and Jean Frankel Foundation to the U-M Cardiovascular Center was announced anonymously when the Center opened in 2007, and today marks the first time the donor has been named publicly.

The gift offered immediate support for the Cardiovascular Center's clinical approach, a model never before attempted by a health care institution, which emphasizes cooperation among health care providers and puts patients and families first.  

An additional $25 million was pledged on condition that the Cardiovascular Center met certain goals agreed upon by the donor and leaders of the Center.  Pleased with the success in meeting those goals, the family has committed the latest gift.

"It is with enormous pride that we are affiliated with Samuel and Jean Frankel whose belief allowed us to create a path for others to follow," says Ora Hirsch Pescovitz, M.D., executive vice president for medical affairs at the University of Michigan and chief executive officer of the U-M Health System.

"The gift guarantees that innovative approaches to the diagnosis and treatment of patients and families with cardiovascular disease will continue at Michigan and provide a national model," Pescovitz says.

Highlights of that model are patient and family centered care, and cooperation, excellence and results in all areas of the Center's operations: clinical care, research and education.

The Samuel and Jean Frankel Cardiovascular Center's four physician directors and chief administrative officer call the gift an investment in the future of health care.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs