The Jeffrey M. Carlton Heart & Vascular Institute, formerly the Heart & Vascular Institute but renamed in honor of the late donor, who gave the largest gift to Hoag Hospital to date, was unveiled during a celebration Tuesday night.
In October, Hoag Hospital Foundation announced the estate gift of $53 million from the late Jeffrey Carlton.
The first $15 million will be spent "to advance care and ensure Hoag's continued status as a leader in innovative cardiovascular diagnosis and treatment," Hoag President and Chief Executive Robert Braithwaite said in a news release.
The Jeffrey M. Carlton Endowed Fund for Cardiac Non-Invasive Imaging and Heart Valve Care was also announced during the event Tuesday, according to the release.
Carlton served as the chairman and chief executive of Press Forge in Paramount until his death Sept. 24, 2012.
"Jeff was very caring about the people around him, and he would be very pleased to know that his gift to Hoag is going to touch the lives of so many in such a positive way," Press Forge President Mike Buxton said in the release.
— Emily Foxhall