For more than 50 years, Luis Hospital and Medical Center has provided medical care to the people of the Virgin Islands.
But in recent years, the hospital has faced financial challenges that have forced it to close several of its clinics and lay off many of its employees, per the New York Times.
Now, the hospital is turning to a new source of income: philanthropy.
"We are excited to be here to launch the St.
Croix Community Hospital Foundation that will generate sustainability around JFL's operations today and in the future," says CEO Douglas Koch in a press release.
The nonprofit foundation, which was launched last month, aims to "enhance healthcare delivery on St.
Croix with long-term sustainability for our community" by increasing philanthropic support, strengthening community engagement, bolstering strategic partnerships, and developing sustainable revenue streams, per the press release.
JFL has already received more than $500,000 in grant funding for projects at its clinics, including a new cardiac unit and an expansion of its emergency room, per the Times.
But it's not all good news.
The territory's government recently cut JFL's budget by 30%, which has forced the hospital to close its clinics and lay off many of its workers.
"The people of the Virgin Islands are some of the
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