ALBANY, N.Y., July 18, 2006— Albany Medical Center recently received a $112,500 gift commitment from CDPHP. The commitment includes a $50,000 pledge to support the John H. Carter Scholarship Fund, as well as ongoing support of annual fundraising events to support the Children’s Hospital at Albany Med.
“We greatly appreciate CDPHP’s contributions to the Albany Medical Center and salute their dedication to improving the quality of health care in our community by supporting our patient care and educational missions,” said James J. Barba, president and chief executive officer of the Albany Medical Center. “Through their ongoing and generous support, CDPHP continues to set a high standard for philanthropy in the region.”
The John H. Carter, M.D. Scholarship Fund was established in 2000 to honor the legacy of the late Dr. Carter, founder of CDPHP. Through the fund, a scholarship is awarded each year to a medical student from the Albany area who demonstrates financial need. This year’s recipient is Lori DeFreest, M.S., Ph.D., a second-year medical student from Albany. In total, CDPHP has committed $70,000 to the scholarship fund.
“Dr. Jack Carter truly exemplified the definition of a physician, and CDPHP lauds Albany Med for their commitment to honor his memory,” said William J. Cromie, MD, MBA, president and CEO, CDPHP. “We’re so pleased to partner with Albany Med in supporting future physicians through this scholarship. It is our hope that Dr. DeFreest will use Jack’s legacy as a source of inspiration in her medical career.”
CDPHP has also committed to being the lead sponsor of the annual Dancing in the Woods Champagne Ball to benefit the Children’s Hospital for the next three years. CDPHP has held that distinction since 2001. In addition, CDPHP has committed to funds to support the annual Children’s Hospital Golf Tournament for the thirteenth consecutive year.
Founded and guided by physicians, CDPHP and its affiliates currently serve members in 29 counties throughout New York State and seven counties in Vermont. CDPHP was rated the second fastest growing large company by the Albany Business Review in 2006.
The four affiliated companies encompassing CDPHP include: Capital District Physicians' Health Plan, Inc.-HMO, Healthy New York, Medicare Choice, Medicaid, Child Health Plus, and Family Health Plus. CDPHP Universal Benefits Inc.® - PPO, HSA High Deductible PPO, POS, and EPO. Capital District Physicians' Healthcare Network, Inc.- self-insured plans; and APA Partners, Inc.-third party administration (TPA). Visit CDPHP at www.cdphp.com.
Albany Medical Center is northeastern New York’s only academic health sciences center. It consists of Albany Medical College, Albany Medical Center Hospital and the Albany Medical Center Foundation, Inc. Additional information about Albany Medical Center can be found at www.amc.edu.
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