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Houston Methodist boosts new Woodlands program thanks to $10M anonymous gift

Houston Methodist in The Woodlands has a $10 million infusion. Rendering courtesy of Houston Methodist

Houston Methodist has been in the spotlight of late, notably, the healthcare system was ranked No. 1 in Texas for a third year in a row — and one of the top in the nation — in May.

Now, the system has just received an large donation that will help bring the award-winning prescription for success north. Houston Methodist has been gifted a $10 million philanthropic commitment specifically for its medical expansion into The Woodlands, the hospital announced.

Thanks to the gift from an anonymous donor, this is the first time a Texas Medical Center institution will offer a sponsored academic medical program specifically at one of its community hospitals, Methodist notes in press materials. This program will include fellowships in cardiovascular disease, orthopedic surgery, pulmonary critical care, and sports medicine, and more.

This philanthropic offering marks the largest gift Houston Methodist The Woodlands Hospital, or any of the regional hospital within the Houston Methodist system, has ever received.

“Building a well-rounded graduate medical education program has always been a priority for Houston Methodist,” said Timothy Boone, M.D., Ph.D., Director of the Education for the Houston Methodist Academic Institute, in a statement. “By creating an academic medical campus housed at a regional hospital where patients can seek specialty care typically only offered in the Texas Medical Center, we’re extending the academic culture and patient offerings in The Woodlands beyond standard clinical care. We’ll also have the opportunity to advance scholarly activity with our faculty and staff who will be part of training these residents and fellows and to bring highly specialized offerings to a booming area of the city.”

Specifically, Houston Methodist’s academic medical program includes more than 350 residents and fellows. Those who are a part of the new academic program, slated to launch in 2024, at Houston Methodist The Woodlands, will match and serve their full time residency training in internal medicine, and potentially their fellowship training, in The Woodlands and the Medical Center.

“The generosity and encouragement from this anonymous donor is a testament to the exceptional work our physicians and staff in The Woodlands provide day in and day out,” said Debra Sukin, regional senior vice president and CEO of Houston Methodist The Woodlands. “This commitment will help open multiple doors — to attract some of the best new physicians, to retain well-trained specialists who want to further their medical expertise through fellowships and hopefully want to grow their practice in a vibrant community that’s also a wonderful area to live. We’re humbled to have this support and excited about the opportunity to grow our academic medical education offerings on the north side of Houston.”

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This article originally ran on CultureMap.

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Building Houston

 
 

Veronica Wu, founder of First Bight Ventures, joins the Houston Innovators Podcast to outline Houston's opportunities in synthetic biology and biomanufacturing. Photo courtesy

Houston has all the ingredients to be a successful synthetic biology hub, says Veronica Wu. She believes so strongly in this that she relocated to Houston from Silicon Valley just over a year ago to start a venture capital firm dedicated to the field. Since then, she's doubled down on her passion for Houston leading in biotech — especially when it comes to one uniquely Houston opportunity: biomanufacturing.

While Houston's health care innovation scene is actively deploying synthetic biology applications, Wu points to Houston-based Solugen, a plant-based chemical producer, as an example of what Houston has to offer at-scale industrial biomanufacturing. Houston has the workforce and the physical space available for more of these types of biomanufacturing plants, which have a huge potential to move the needle on reducing carbon emissions.

"This is really fundamental technology that's going to change the paradigm and whole dialogue of how we are making a significant impact in reducing a carbon footprint and improving sustainability," says Wu, founder and managing partner of First Bight Ventures, on the Houston Innovators Podcast.

Several aspects — government funding, corporate interest, advances in technology — have converged to make it an ideal time for synthetic biology innovators and investors, Wu explains on the show, and she has an idea of what Houston needs to secure its spot as a leader in the space: The BioWell.

First introduced at a Houston Tech Rodeo event at the Texas Medical Center's Innovation Factory, The BioWell is a public-private partnership that aims to provide access to pilot and lab space, mentorship and programming, and more support that biomanufacturing innovators critically need.

"The way we envision The BioWell is it will provide a holistic, curated support for startups to be able to get across the Valley of Death," Wu says, explaining that startups transitioning from research and development into commercialization need extra support. The BioWell will provide that, as well as allow more engagement from corporations, investors, and other players.

Now that her plans for The BioWell have been announced, Wu is looking for those who want to be a part of it.

She shares more about her mission and what's next for First Bight Ventures on the podcast. Listen to the interview below — or wherever you stream your podcasts — and subscribe for weekly episodes.

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