Karabots Foundation Awards $7.5 Million to Healthcare Network

in southeastern Pennsylvania has announced a $7.5 million gift from the to expand medical services in underserved communities.

The funds will help finance the ongoing renovation of Einstein's medical office building in Norristown, which will enable the network to expand outpatient care services in the region. The gift includes $2.5 million that already has been used to move a Varian linear accelerator for cancer treatment to its diagnostic center at Einstein Medical Center Montgomery. The office building and diagnostic center will be renamed in honor of Nicholas and Athena Karabots.

Foundation president Nicholas Karabots noted that the gift was made in support of the longer-term commitment Einstein Montgomery made by upgrading its medical office building and expanding medical services in the local community.

"The Karabots Foundation has endeavored over the years to bring better health- and youth-related programs to serve not only Norristown but also the surrounding communities, with some of its earlier achievements reflected in its support of Montgomery Hospital and that facility's expansion of services via the Karabots Foundation's programs," said Karabots.
"We are extremely pleased that Einstein Montgomery has committed to retain and expand the medical services available at the Medical Office Building on Powell Street. Additionally, we recognize that Einstein Montgomery has invested heavily to bring a much broader level of medical capabilities and resultant care for the residents of Norristown and the surrounding communities at its newly established Einstein Medical Center Montgomery on Germantown Pike in East Norriton."

"." Einstein Healthcare Network Press Release 05/21/2014. Carl Rotenberg. "Karabots Foundation Gives $7.5 Million Gift to Einstein Medical Center Montgomery." Times Herald 05/21/2014.