Mike and Lindy Keiser Make Significant Gift to Rehabilitation Institute of Chicago - Rehabilitation Institute of Chicago

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RIC in the News

Published on March 22, 2016

Mike and Lindy Keiser Make Significant Gift to Rehabilitation Institute of Chicago

Gift to support the AbilityLab®, RIC’s new research hospital

CHICAGO — March 22, 2016 — The Rehabilitation Institute of Chicago (RIC) today announced an eight-figure gift from Mike and Lindy Keiser.

The gift — the amount of which is confidential — has been directed to the capital campaign for the AbilityLab, RIC’s state-of-the-art research hospital, set to open in early 2017. The $550 million, 1.2-million-square-foot AbilityLab will be the first-ever “translational” research hospital, where physicians, clinicians, scientists, researchers, innovators and technologists will be embedded in the same space, surrounding every patient, and applying (or “translating”) research real time, 24/7.

“RIC is honored and inspired by this extraordinary gift,” said Joanne C. Smith, M.D., RIC president and CEO. “Mike and Lindy have long been RIC ambassadors, bringing ‘blue-sky’ entrepreneurial thinking to their board leadership. Now, their stunning generosity will help propel RIC forward as we redefine the way healthcare is delivered.”

Mike owns Bandon Dunes Golf Resort, a renowned international destination. Both Mike and Lindy support numerous civic and charitable organizations in Chicago and beyond. Lindy’s advocacy for RIC stretches back decades to 1989, when she joined the Women’s Board. Mike’s involvement began in 1996, when he joined the Governing Board, chairing from 2006 to 2008.

“RIC is a world-class institution,” said Mike Keiser. “It’s the undisputed leader in physical medicine and rehabilitation and — best of all — it’s in our backyard. I’ve witnessed firsthand the power of RIC’s game-changing research and unparalleled care, and am thrilled to contribute to the new hospital, which will bring even better, faster recoveries for patients.”

About the Rehabilitation Institute of Chicago (RIC)

The Rehabilitation Institute of Chicago (RIC) is the nation’s leading provider of comprehensive physical medicine and rehabilitation care to patients from around the world. Founded in 1953, RIC has been designated the “No. 1 Rehabilitation Hospital in America” by U.S. News & World Report every year since 1991. RIC sets the standard of care in the post-acute market through its innovative applied research and discovery programs, particularly in the areas of neuroscience, bionic medicine, musculoskeletal medicine and technology transfer. The AbilityLab — RIC’s new, state-of-the-art research hospital, will open in early 2017. For more information, go to www.ric.org.

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Megan Washburn