Health Care

Big money is pouring into South Florida health systems. What it means for patients

Attendees raise their hats as Dr. Herbert Wertheim takes the stage during the celebration of his historic philanthropic gift and the naming of the Herbert Wertheim Cancer Institute at Baptist Health. Baptist Health South Florida and the Baptist Health Foundation announced the largest single philanthropic gift in the organization's 66-year history from Dr. Herbert Wertheim during a celebration of the donation and Wertheim's upcoming birthday at Baptist Health in Kendall, Wednesday, May 20, 2026, in Miami, Florida. Attendees donned red hats-a signature of Dr. Wertheim-in tribute to his visionary philanthropy and in recognition of his lasting impact on the Baptist Health and FIU.
Attendees raise their hats as Dr. Herbert Wertheim takes the stage during the celebration of his historic philanthropic gift and the naming of the Herbert Wertheim Cancer Institute at Baptist Health. Baptist Health South Florida and the Baptist Health Foundation announced the largest single philanthropic gift in the organization's 66-year history from Wertheim during a celebration of the donation at Baptist Health in Kendall on Wednesday, May 20, 2026. cjuste@miamiherald.com

A flurry of big-money donations is strengthening South Florida’s health systems, a trend that will significantly benefit everyone who needs medical care in the years ahead.

The million-dollar-plus donations by local billionaire philanthropists, who are aging and may need medical treatment themselves, are aimed at improving cancer care, funding research to prevent and treat diseases, fueling major hospital expansions, and adding specialized pediatric care.

In recent years, big gifts have increased as the community of South Florida billionaire philanthropists has grown, either relocating to the area or sharing the fortunes they amassed through homegrown businesses. As money pours in, those suffering from a disease like Parkinson’s or seeking experimental therapies for Alzheimer’s will find medical innovation in their backyard rather than having to travel outside the state.

Read the full story at Sun-Sentinel.com.

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