(Published 2:40 p.m., April 4)
Pikes Peak Hospice and Palliative Care received the largest grant in its history to complete its latest capital campaign in 15 months.
The nonprofit received $545,000 from the Daniels Fund to finish off its $7 million We Care campaign.
Originally scheduled to last three years, the campaign raised money to purchase and renovate a 38,000-square-foot headquarters building located at 2550 Tenderfoot Hill St. and two inpatient hospice care units.
“This grant from the Daniels Fund is particularly meaningful,” said Martha Barton, president and CEO of Pikes Peak Hospice. “Over the years, Pikes Peak Hospice & Palliative Care has had the honor of serving tens of thousands of seniors and their families during their time of need. Like Bill Daniels, we want to help maintain their personal dignity and respect as they face end-of-life challenges.”
The grant will allow hospice to expand the inpatient hospice care program for patients who are too ill to remain at home. The Pikes Peak Hospice Unit at Penrose Hospital opened in July 2011. Earlier this year, Pikes Peak Hospice announced plans to create an inpatient care unit at Memorial Hospital.
“We are privileged to be an integral partner in both hospital systems,” Barton said. “These partnerships reflect a commitment by our respective organizations to optimize end-of-life care for seniors in our community. Owning our own headquarters, operating the Pikes Peak Hospice Unit at Penrose Hospital, and developing the new Pikes Peak Hospice Unit at Memorial Hospital will enable our community to continue to benefit from the high-quality end-of-life care they have come to expect from PPHPC. This signature grant from the Daniels Fund ensures the continuation of this high standard of care.”
The organization has already seen dramatic cost savings since moving into its new headquarters in June 2012, she said.
“The WE CARE Capital Campaign is enhancing our service capacities while reducing operating costs and positioning the work of our organization for the future,” Barton said. “This cost savings helps us support extraordinary services not covered by any other payer source. With diminishing payment for services, increasing healthcare costs, and growing healthcare regulations, rigorous budget management is an important part of solidifying a sustainable future.”