{"id":49849,"date":"2022-06-27T17:44:28","date_gmt":"2022-06-28T00:44:28","guid":{"rendered":"https:\/\/lapost.us\/?p=49849"},"modified":"2022-06-28T00:12:32","modified_gmt":"2022-06-28T07:12:32","slug":"global-entrepreneur-and-arcadia-resident-charles-huang-phd-to-donate-7-5-million-to-hospital-in-his-adopted-hometown","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=49849","title":{"rendered":"Global Entrepreneur and Arcadia Resident Charles Huang, PhD Donate $7.5 million to Hospital in His Adopted Hometown"},"content":{"rendered":"

\u201cThis gift will go toward the construction of a new hybrid operating room which will \u00a0enable Methodist Hospital to further distinguish itself as the center of excellence for cardiac surgery and serve even more patients in our local communities more efficiently and effectively.\u201d<\/em><\/span><\/p>\n

–Charles Huang, Arcadia resident and Global Entrepreneur<\/span><\/p>\n

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ARCADIA, Calif. (June 27, 2022)<\/strong> — Global entrepreneur and Arcadia resident Charles Huang, PhD, has announced he will donate $7.5 million to Methodist Hospital which will be the largest single gift in the 119-year history of the hospital.<\/span><\/p>\n

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A special ceremony was held today at Methodist Hospital attended with Charles Huang Foundation board members, Methodist Hospital and Foundation executive team and staff, joined by US Congresswoman\u00a0Judy Chu<\/span>, California Assembly Member Phillip Chen,\u00a0Arcadia<\/span>\u00a0City Mayor\u00a0Tom Beck<\/span>,\u00a0San Marino<\/span>\u00a0City Mayor\u00a0Susan Jakubowski<\/span>, the elected officials of the State, LA County, the cities of San Gabriel Valley, and Liu Xinlian, Press Consul of the Chinese Consulate General in Los Angeles, and Lu Junxie, Consul of Overseas Chinese Affairs.<\/span><\/p>\n

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\u201cWe are so fortunate and pleased with this generous gift from Dr. Huang, which will be used toward the construction of a hybrid operating room,\u201d said Mike Driebe, President of the Methodist Hospital Foundation.<\/span><\/p>\n

This donation will be used for the construction and purchase of equipment for a new Hybrid Operating Room and a new 12-bed Pre-Operative\/Post Anesthetic Care Unit for the hospital.\u00a0 The new facility will be named “The Charles Huang Foundation Hybrid Operating Center.”<\/span><\/p>\n

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\u201cA hybrid operating room is an advanced procedural space that combines a traditional operating room with an image guided interventional suite,\u201d said Bala Chandrasekhar, MD, Chief Medical Officer of the hospital. \u201cWith this incredible donation, we will be able to create an OR that will include a combination of equipment and services that allows for highly complex, advanced surgical procedures. Our medical teams working in the hybrid OR are combined as well to form a multi-disciplinary group of clinicians prepared to meet the complex needs of patients which, ultimately, can save lives.\u201d<\/span><\/p>\n

“This gift is life changing and will benefit so many people for generations to come.” said Paul Cheng, mayor pre team at city of Arcadia.<\/span><\/p>\n

While Dr. Huang is originally from China and is globally known as a highly successful investor and entrepreneur, he has resided in his adopted hometown of Arcadia for more than 20 years. Two of his children were born at Methodist Hospital and attend local schools, and he also has an adult daughter who recently gave birth to his first grandchild at the hospital.<\/span><\/p>\n

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\u201cI\u2019ve always been impressed with the level of care and services at Methodist Hospital for both my family and several of our employees,\u201d Dr. Huang said. \u201cIt\u2019s important for everyone to support local organizations like Methodist Hospital that do so much for our community. We want to do all in our power to help expand needed health care services at the local level. With this new hybrid OR, Methodist Hospital will further distinguish itself as the center of excellence for cardiac surgery and serve even more patients in our local communities more efficiently and effectively.\u201d<\/span><\/p>\n

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Dr. Huang is a Chinese American and entrepreneur who has enjoyed a distinguished career with great success in many innovative endeavors. In 2016, he founded Pasaca Capital Inc. and serves as the Chairman of the Pasadena-based multi-billion-dollar private equity company. Dr. Huang is also Chairman of the Charles Huang Foundation.<\/span><\/p>\n

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Prior to becoming a celebrated entrepreneur and a business executive in private and publicly traded companies, Dr. Huang participated in and led over 20 IPOs for Asian and global companies. Early in his career, Dr. Huang was recognized as having \u201cthe Midas touch\u201d because of his unrivaled stock selection skills and impeccable stock market calls. Dr. Huang served as a pioneer in Chinese equity research at James Capel (Now HSBC Securities) in Hong Kong and as a top analyst at Cr\u00e9dit Lyonnais and BNP Paribas.<\/span><\/p>\n