July 09, 2014 11:12 PM ET

Healthcare Providers and Services

Company Overview of City Of Hope

Company Overview

City of Hope, a nonprofit public benefit corporation, engages in the operation of City of Hope National Medical Center (the Center) in Duarte, California. Its Center operates a 186-bed tertiary referral center primarily for the treatment of cancer, diabetes, and other life-threatening diseases. The company was founded in 1913 and is based in Duarte, California.

1500 East Duarte Road

Duarte, CA 91010

United States

Founded in 1913

Phone:

626-256-4673

Key Executives for City Of Hope

Chief Executive Officer and President
Chief Financial Officer
Age: 51
Chief Operating Officer and Executive Vice President
Chief Scientific Officer and Provost
Senior Vice President of Research Operations
Compensation as of Fiscal Year 2014.

City Of Hope Key Developments

City of Hope to Expand Access to its High-Level Cancer Care with Opening of New Clinic in Arcadia

City of Hope is expanding access to its high-level cancer care with the opening of a new clinic in Arcadia. The clinic, located next to Methodist Hospital of Southern California, will increase the availability of City of Hope's renowned cancer specialists within the Arcadia community and will provide additional convenience for patients seeking general oncologic surgery and medical oncology services. The 3,000-square-foot facility is equipped with seven exam rooms, two of which can be used for minor procedures, including urologic procedures for prostate cancer.

City of Hope Expands Basic and Translational Diabetes Research with $30 Million Investment

Diabetes is a leading national and global health threat. Unless current trends reverse, one in every three people in the U.S. will be diagnosed with diabetes by the year 2050. In order to combat this problem, City of Hope has announced a new $30 million investment that will expand its basic and translational research efforts to provide new treatments for type 1 and type 2 diabetes. The funding, made possible by philanthropic support, will be used to recruit highly experienced and well-published scientists to join the Department of Diabetes and Metabolic Diseases Research at Beckman Research Institute of City of Hope. Their areas of research will include cell biology, immunology, diabetic complications, gene regulation and obesity--all fields that will be integral in developing cures for diabetes.

City of Hope Selects Norman C. Payson as the New Chair to its Board of Directors

City Of Hope selected Norman C. Payson, M.D., as the new chair of the company board of directors. He began his three year term on Jan. 1, taking helm of the institution's board as the research and treatment center launches a new era of growth and scientific investment. A senior advisor at Apria Healthcare Group since November 2012, Payson is a former chief executive officer of Oxford Health Plans Inc. and Healthsource Inc.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 2, 2014
Methodist Hospital, Radiation Oncology Service in Arcadia
 

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