Hoag Memorial Hospital Presbyterian in Newport Beach received a $15 million gift for its neurosciences institute from longtime local philanthropists the Pickup Family Foundation.
The gift was announced last night at the 10-year anniversary celebration of the institute, which was renamed for the Pickup family.
Richard “Dick” Pickup is an equities investor and real estate developer, with a recent focus on hospitality. He and his family own Balboa Bay Resort, Balboa Bay Club and Newport Beach Country Club, and he has invested in hotels and resorts with Timothy Busch and Irvine-based Pacific Hospitality Group.
Pickup said the Hoag gift is his family’s single-largest to-date and was inspired by the recent loss of a family member to Alzheimer’s disease.
The center focuses on neuroscience-based medical conditions, including cognitive disorders, stroke, epilepsy and back and spine issues. Its services include MR/PET hybrid imaging, a gamma radiation device for treating brain tumors, and an augmented reality 3D surgical theater for diagnostics and pre-surgical preparation and planning.
The institute plans next year to open the Fudge Family Acute Rehabilitation Center, an on-site residential facility at the hospital’s Newport Beach campus that will provide follow-up care for patients recovering from strokes or other acute brain traumas.
Hoag has campuses in Newport Beach and Irvine, and Hoag Orthopedic Institute, also in Irvine. It’s part of the seven-hospital St. Joseph Hoag Health alliance.