“This gift will go toward the construction of a new hybrid operating
room which will enable USC Arcadia Hospital to further distinguish itself
as the center of excellence for cardiac surgery and serve even more patients
in our local communities more efficiently and effectively.”
--Charles Huang, Arcadia resident and Global Entrepreneur
Media Invited: Signing Ceremony for
Largest-Ever Single Gift to USC Arcadia Hospital
Date & Time: Monday, June 27 at 11:30 a.m.
Location: USC Arcadia Hospital
300 West Huntington Drive, Arcadia
Important: Proof of vaccination is required to attend, or you can show
proof of a negative COVID test that is less than 48 hours old.
Contact: Brian Greene: Cell:
Lee Houskeeper: Cell:
usage courtesy of USC Arcadia Hospital:
WeTransfer link to the .mov CC -
WeTransfer link to the .mp4 CC -
Livestream: Event will be broadcast live on Facebook at USC Arcadia Hospital
of Southern California page
ARCADIA, Calif. (June 24, 2022) -- Global entrepreneur and Arcadia resident
Charles Huang, PhD, has announced he will donate $7.5 million to Methodist
Hospital which will be the largest single gift in the 119-year history
of the hospital.
A special private ceremony commemorating this generous donation will be
held on Monday, June 27 from 11:30 a.m. to 1:30 p.m. at USC Arcadia Hospital.
News media are invited to attend.
“We are so fortunate and pleased with this generous gift from Dr.
Huang, which will be used toward the construction of a hybrid operating
room,” said Mike Driebe, President of the USC Arcadia Hospital Foundation.
“A hybrid operating room is an advanced procedural space that combines
a traditional operating room with an image guided interventional suite,”
said Bala Chandrasekhar, MD, Chief Medical Officer of the hospital. “With
this incredible donation, we will be able to create an OR that will include
a combination of equipment and services that allows for highly complex,
advanced surgical procedures. Our medical teams working in the hybrid
OR are combined as well to form a multi-disciplinary group of clinicians
prepared to meet the complex needs of patients which, ultimately, can
While Dr. Huang is originally from China and is globally known as a highly
successful investor and entrepreneur, he has resided in his adopted hometown
of Arcadia for more than 20 years. Two of his children were born at Methodist
Hospital and attend local schools, and he also has an adult daughter who
recently gave birth to his first grandchild at the hospital.
“I’ve always been impressed with the level of care and services
at USC Arcadia Hospital for both my family and several of our employees,”
Dr. Huang said. “It’s important for everyone to support local
organizations like USC Arcadia Hospital that do so much for our community.
We want to do all in our power to help expand needed health care services
at the local level. With this new hybrid OR, Methodist Hospital will further
distinguish itself as the center of excellence for cardiac surgery and
serve even more patients in our local communities more efficiently and
Dr. Huang is a Chinese American and entrepreneur who has enjoyed a distinguished
career with great success in many innovative endeavors. In 2016, he founded
Pasaca Capital Inc. and serves as the Chairman of the Pasadena-based multi-billion-dollar
private equity company. Dr. Huang is also Chairman of the Charles Huang
Prior to becoming a celebrated entrepreneur and a business executive in
private and publicly traded companies, Dr. Huang participated in and led
over 20 IPOs for Asian and global companies. Early in his career, Dr.
Huang was recognized as having “the Midas touch” because of
his unrivaled stock selection skills and impeccable stock market calls.
Dr. Huang served as a pioneer in Chinese equity research at James Capel
(Now HSBC Securities) in Hong Kong and as a top analyst at Crédit
Lyonnais and BNP Paribas.
In 2020, Dr. Huang founded the Charles Huang Foundation with a mission
to “bolster, enable, and inspire global development in education,
health, and innovation.” Through the foundation, Dr. Huang has made
substantial donations to his alma maters, including contributions to the
University of Strathclyde in Scotland, and to Wuhan University in China.
Most recently, Dr. Huang made a major donation to San Francisco's
Chinese Hospital as well as a pledge to create the Charles Huang Foundation
Research Fund at the University of California, Los Angeles.
Earlier this year during Asian American Pacific Islander Heritage Month,
Dr. Huang was recognized as one of the distinguished AAPI leaders and
received the honor of "Excellence in Business" by California
AAPI Legislative Caucus. In November 2021, Dr. Huang was named "Philanthropreneur
of the Year" by the California State Assembly. Pasaca Capital was
also named “Business of the Year” for its extraordinary contributions
to the State of California and the world.
About USC Arcadia Hospital: Founded in 1903, USC Arcadia Hospital of Southern
California is a full-service community hospital with 348 licensed beds.
The hospital offers advanced cardiovascular services including cardiac
catheterization, electrophysiology, and open-heart surgery. Los Angeles
County has designated Methodist Hospital as both a heart attack and stroke
receiving center as well an Emergency Department Approved for Pediatrics.
The hospital also offers a variety of services in orthopedics, neurosurgery,
obstetrics, and many other medical specialties. As many as 40,000 patients
are treated annually in the Emergency Department, while the hospital staff
delivers more than 1,500 babies annually and typically has more than 15,000
patient admissions each year.