The Richard O. Jacobson Foundation gives $70 million to the University of Iowa to support a new patient care building for University of Iowa Hospitals & Clinics

Waterloo, IA – According to the statement, the gift will reportedly help UI Health Care expand service to Iowans by increasing patient capacity while modernizing its care facilities.

Officials have announced that the new building will help UI Health Care to meet the complex care needs of all Iowans, allowing them to receive high-quality care without leaving the state.

The new patient care tower, planned for UI Health Care’s main campus across from Kinnick Stadium, will be named in honor of the late Richard O. Jacobson and his philanthropic legacy, pending approval from the Board of Regents, State of Iowa.

The building is part of the university’s 10-year revitalization plan that encompasses academic, health care, and research buildings on its central campus.

The plans and budget for the patient tower will go to the Board of Regents for approval at a future date.

This story will be updated.

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