09/16/2026
Yesterday, caregivers, physicians, leaders and community members gathered at Providence St. Vincent Medical Center to celebrate a historic moment and the future it will help create.
Phil and Penny Knight's transformational $1.1 billion gift will support Oregon's first hospital dedicated to women's health, advance the next generation of cardiovascular care and expand innovative services for patients and families across the region.
Raymond Moreno, M.D., chief executive of Providence St. Vincent, shared:
"The most exciting part of this announcement is not just the building. It's what the building will make possible."
The future women's hospital will bring together services across every stage of life, creating more coordinated care for women and families while expanding access across Oregon.
Dan Oseran, M.D., executive medical director of Providence Heart Institute, reflected on the broader impact of the gift:
"Their belief in all of us around this state, their belief that we can do big things here in Oregon and their extraordinary generosity will have a lasting impact on the health of our community."
And as Chelsea Sokolow, chief philanthropy officer for Providence Foundations of Oregon, noted:
"We are truly starting our most exciting chapter yet. Together, a new era in healthcare is beginning."
We are profoundly grateful to Phil and Penny Knight for their extraordinary generosity, partnership and belief in Providence caregivers and our Mission.
▶️ Watch the video to learn more.