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Boca Raton Regional Hospital Foundation

Boca Raton’s Keeping the Promise Capital Campaign Celebrates the Coslov’s $1 Million Gift

May 9, 2023
BOCA RATON, FL – May 9, 2023 – Michael and Debra Coslov have made a $1 million gift to Keeping the Promise…The Campaign for Boca Raton Regional Hospital. The gift will be acknowledged with the naming of the third-floor reception area in the Cooperman Medical Arts Pavilion in honor of the Coslovs.  

“We are enormously grateful to Michael and Debra for this spectacular gesture of generosity,” said Lincoln Mendez, North Region Executive for Baptist Health and CEO of Boca Raton Regional Hospital. “The Coslovs became residents of Boca Raton only nine years ago, but immediately took an interest in their healthcare, the health of the community, and the hospital. They have become family, and we are always moved by that sort of commitment, participation, and embrace of our approach and vision.”  

Michael Coslov is the former Chairman and CEO of Tube City IMS in Glassport, PA, the largest provider of outsourced industrial services to steel mills in North America. The organization provides mill services at 84 customer sites in 13 countries and their global raw material procurement network spans five continents. He is credited with strategically transforming the organization, which he purchased from his brothers in 1987, from a $60 million a year scrap processor to a $3 billion provider of high quality, value-added outsourced steel services, becoming the largest provider in North America. 

In addition to Boca Raton Regional Hospital, the Coslovs are involved with many other not-for-profits and charities, including being a Board Member of Penn Medicine, Board Member and Finance Chairman of Franklin Institute, Board Chairman of Philadelphia Red Cross, Board Member of Allied Jewish Appeal and Campaign Chairman, Chairman of Israel Emergency Fund, and Board Member and Building Campaign Chairman Temple Beth Hillel – to name a few. 

"I would say to those in our community who have not been involved that it's time to get involved now," said Mr. Coslov. "The hospital is the perfect place to give your time, talents, or if you can, financially. Healthcare services at Boca Regional must remain current and progress in a timely fashion so that the very best care is always available for patients."

The Keeping the Promise Campaign continues to soar thanks to Michael and Debra Coslov, and the continued generosity of the Boca Raton community. With the $250 million goal now reached, the hospital continues to seek support from the community to meet the increasing healthcare needs of the growing patient population.   

“There is no limit to the healthcare challenges we all increasingly face today,” said Stan Barry, co-chair of Keeping the Promise. “Similarly, there is no limit to the philanthropic need to address as much of it as we can.  The gift from Michael and Debra demonstrate that our donor family understands and believes in that approach. We are eternally grateful to them.”  

The $250 million Keeping the Promise Campaign is the largest fund-raising initiative in Boca Regional’s history and is supporting its most ambitious period of growth and expansion.  The campus redevelopment plans include at the centerpiece, the new Gloria Drummond Patient Tower where patients will be welcomed in the inviting new Louis B. and Anne W. Green Lobby with plans for retail, dining, meeting space, a sanctuary, outdoor courtyards and other conveniences for visitors.  The new tower features all new surgical suites and all private patient rooms exceeding the latest safety standards for patient care. In the current hospital building, all existing rooms will be converted to private in a comprehensive renovation of all patient units including maternity, oncology, and orthopedics. An expansion of the Marcus Neuroscience Institute is well underway with emphasis on neurovascular/stroke, central nervous system tumors, spine, and epilepsy/seizure disorders.  The recently opened 972-car Schmidt Family Parking Facility will be connected to the Marcus Neuroscience Institute once the new tower construction is complete. Also included in the plans is the new Toby and Leon Cooperman Medical Arts Pavilion, to be located across the street from the hospital will be home to our Orthopedic Institute with an outpatient surgery center and physician specialty offices all opening in the fall of 2023.

About Boca Raton Regional Hospital Foundation
The Boca Raton Regional Hospital Foundation, Inc. is a not-for-profit organization for Boca Raton Regional Hospital. Boca Raton Regional Hospital is part of Baptist Health South Florida, the largest healthcare organization in the region, with 11 hospitals, over 26,000 employees, more than 4,000 physicians and more than 100 outpatient centers, urgent care facilities and physician practices spanning across Miami-Dade, Monroe, Broward and Palm Beach counties. Baptist Health has internationally renowned centers of excellence in cancer, cardiovascular care, orthopedics and sports medicine, and neurosciences. In addition, it includes Baptist Health Medical Group; Baptist Health Quality Network; and Baptist Health Care On Demand, a virtual health platform. Baptist Health has been recognized by Fortune as one of the 100 Best Companies to Work For in America and by Ethisphere as one of the World’s Most Ethical Companies.
 
Boca Raton Regional Hospital is supported by philanthropy to strengthen its mission to deliver the highest quality patient care, satisfaction and safety. If you would like to learn more about supporting the mission of Boca Raton Regional Hospital, visit our website at donate.brrh.com.

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