The Estate of Neil Mellen Helps Build Destination for Advanced Cancer Care in Connecticut BRIDGEPORT, Conn., Dec. 23, 2025 /PRNewswire/ — Hartford HealthCare’s The Estate of Neil Mellen Helps Build Destination for Advanced Cancer Care in Connecticut BRIDGEPORT, Conn., Dec. 23, 2025 /PRNewswire/ — Hartford HealthCare’s

Historic $15 Million Gift Fuels Breakthrough Cancer Care at Hartford HealthCare St. Vincent’s Medical Center

The Estate of Neil Mellen Helps Build Destination for Advanced Cancer Care in Connecticut

BRIDGEPORT, Conn., Dec. 23, 2025 /PRNewswire/ — Hartford HealthCare’s St. Vincent’s Medical Center is proud to announce a landmark $15 million philanthropic commitment from the estate of Neil Mellen to significantly enhance and expand its inpatient oncology unit.

Honoring the Legacy of Neil Mellen
At the heart of this historic gift is the legacy of Neil Mellen, a compassionate and humble man whose quiet strength and deep empathy inspired his commitment to helping others and paying it forward. Neil believed profoundly in improving the hospital experience for patients and families, ensuring that care was delivered with dignity, comfort, and hope. This gift reflects his enduring desire to make a meaningful difference in the lives of others.

This transformative investment represents one of the most substantial gifts in Hartford HealthCare’s history and underscores Neil’s extraordinary dedication to elevating patient care for the Greater Bridgeport community.

The generous donation will fund sweeping renovations and modernization efforts within the oncology unit, including state-of-the-art treatment spaces, enhanced patient comfort features and advanced technology to support world-class cancer care at the Hartford HealthCare Cancer Institute at St. Vincent’s Medical Center, which is the first care partner of the Memorial Sloan Kettering Cancer Center.

This latest pledge builds upon a longstanding legacy of generosity by Neil Mellen, whose support has deeply shaped care at St. Vincent’s for more than 15 years.

Elevating Cancer Care for the Future
This $15-million investment marks a pivotal milestone in Hartford HealthCare’s mission to deliver comprehensive, compassionate and cutting-edge cancer services. Once completed, the upgraded oncology unit will offer an improved healing environment and enhanced capabilities for both patients and clinical teams.

“Neil Mellen’s vision and generosity exemplify what it means to truly invest in the health of a community,” said Jeffrey A. Flaks, President and CEO of Hartford HealthCare. “This extraordinary gift will accelerate our ability to deliver leading-edge cancer care and strengthen our mission to provide the highest-quality care to every person we serve. Together, we are building a destination for hope and healing, and we are profoundly grateful for Neil’s trust and unwavering commitment to this mission.”

“This remarkable commitment from Neil Mellen’s Estate will have a lasting and measurable impact on every patient who turns to us for cancer care,” said William M. Jennings, President of Hartford HealthCare’s Fairfield Region. “This generosity empowers us to elevate the patient experience, expand our capabilities and bring the very best oncology care to the communities we serve. We are deeply honored by their continued trust and partnership.”

“Philanthropy has the power to change lives, and this extraordinary gift from the Neil Mellen’s Estate beautifully demonstrates what is possible when community partners share in our mission,” said Karen Kaiser, Vice President of Philanthropy for Hartford HealthCare’s Fairfield Region. “Their generosity enables us to expand access, elevate patient care and invest in innovations that will benefit families across our region for generations to come.”

A Legacy of Impactful Giving
In 2009, Neil Mellen committed $500,000 to create the Nancy Ann Mellen Infusion Center, a critical resource for patients undergoing infusion therapy. The project is now fully completed and continues to serve thousands of patients annually.

In 2022, Mr. Mellen made a $250,000 gift to support St. Vincent’s ICU, followed by a $4,250,000 gift benefiting the hospital’s Critical Care Unit and Emergency Department, advancing lifesaving care for the region’s most vulnerable patients.

About Hartford HealthCare
With 44,000 dedicated colleagues and a bold vision for the future, Hartford HealthCare is transforming healthcare across Connecticut and beyond — enhancing access, affordability, health equity, and excellence. Spanning 500 locations across 185 towns and cities, our comprehensive care-delivery system is built to serve every community, every day.  

From world-class hospitals — including two tertiary-level teaching hospitals, an acute-care community teaching hospital, an acute-care hospital and trauma center, and four community hospitals — to a network of behavioral health services, multispecialty physician groups, urgent and virtual care, surgery centers, home care, senior care, rehabilitation, and mobile neighborhood health programs, Hartford HealthCare is there when and where it matters most.  

We touch the lives of nearly 28,000 people every day, delivering unparalleled care through our unique Institute Model — bringing together leading experts in neuroscience, cancer, digestive health, heart and vascular care, orthopedics, and urology and kidney health to provide a unified, high standard of care at the most affordable cost.  

Recognized nationally for patient safety and clinical excellence, Hartford HealthCare has earned the 2025 Quest For Quality Award from the American Hospital Association, and has received Leapfrog A-ratings across all our hospitals — making us one of the safest healthcare systems in the country.  

Join us on our journey to reimagine healthcare. Visit www.HartfordHealthCare.org and stay connected through our newsletters and social media.  

About St. Vincent’s Medical Center
Founded by the Daughters of Charity in 1903, St. Vincent’s Medical Center is part of Hartford HealthCare, Connecticut’s most comprehensive healthcare network, with more than 400 locations serving 185 towns and cities. St. Vincent’s, with more than 3,000 employees, includes a licensed 473-bed community teaching hospital, a 76-bed inpatient psychiatric facility in Westport, a large multispecialty provider group, seven urgent care centers, five physical therapy and rehabilitation locations and St. Vincent’s Special Needs Services. Specialists in cancer, heart and vascular, neuroscience, orthopedics and urology affiliated with St. Vincent’s are part of a unique, system-wide Institute Model, offering a unified standard of care. St. Vincent’s earned advanced certification in spine surgery by the Joint Commission. Additionally, St. Vincent’s is the principle clinical partner for the Frank H. Netter, MD, School of Medicine at Quinnipiac University. For more information on programs and services, visit www.stvincents.org.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/historic-15-million-gift-fuels-breakthrough-cancer-care-at-hartford-healthcare-st-vincents-medical-center-302648812.html

SOURCE Hartford HealthCare

Market Opportunity
Small Thing Logo
Small Thing Price(ST)
$0.003397
$0.003397$0.003397
-5.61%
USD
Small Thing (ST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
Coinbase On-Chain Lending: Unleash Impressive USDC Yields Up to 10.8%

Coinbase On-Chain Lending: Unleash Impressive USDC Yields Up to 10.8%

BitcoinWorld Coinbase On-Chain Lending: Unleash Impressive USDC Yields Up to 10.8% Are you looking for smarter ways to make your digital assets work for you? The world of cryptocurrency is constantly evolving, and a significant development has just arrived. Coinbase has launched an innovative Coinbase on-chain lending service for USDC, promising attractive yields. This exciting new offering allows users to earn up to 10.8% on their stablecoin holdings, opening up fresh opportunities for crypto enthusiasts and investors alike. What is Coinbase On-Chain Lending and How Does it Work? Coinbase’s new on-chain lending service is a groundbreaking step, bringing decentralized finance (DeFi) opportunities directly to its user base. This feature, as reported by The Block, is built on the robust Base network and powered by leading DeFi protocols Morpho and Steakhouse Financial. In essence, it bridges the gap between traditional crypto exchanges and the dynamic world of on-chain yield generation. Seamless Deposit Process: When you deposit USDC, Coinbase simplifies the process by creating a dedicated smart contract wallet for your funds. Optimized Yield: This smart contract then intelligently connects your USDC to multiple lending pools across the Base network. The goal is to optimize returns, ensuring you get the best possible yield. Immediate Earnings: You start earning yield right away, without any complex setup. Flexible Withdrawals: Importantly, you maintain control. Users can withdraw their funds at any time, offering crucial liquidity. This initiative makes high-yield opportunities, traditionally complex for many, incredibly accessible through the familiar Coinbase interface. It’s a powerful blend of security, simplicity, and earning potential. Maximizing Your Returns: The Power of Morpho and Base Network The impressive yields, reaching up to 10.8%, are not magic; they are the result of sophisticated underlying technology. Morpho and Steakhouse Financial, operating on the Base network, are key players in making this possible. Morpho, for instance, is known for its optimized lending protocols that aim to offer better rates by matching lenders and borrowers more efficiently. The Base network, developed by Coinbase itself, provides a secure, low-cost, and developer-friendly environment for decentralized applications. Its integration means that the Coinbase on-chain lending service benefits from: Enhanced Security: Leveraging the robust security of the underlying Ethereum network. Lower Transaction Costs: Making participation more economical for users. Scalability: Ensuring the service can handle a growing number of users and transactions efficiently. Moreover, the use of a smart contract wallet means your funds are managed transparently on the blockchain. This transparency is a cornerstone of DeFi, allowing users to verify transactions and the operational logic of the lending pools. Why Choose Coinbase for On-Chain Lending? For many, the world of decentralized finance can seem daunting due to its technical complexity and the perceived risks. Coinbase’s entry into on-chain lending significantly lowers this barrier. Here’s why this platform stands out: Trust and Reliability: Coinbase is a regulated and publicly traded company, bringing a layer of trust that is often missing in the broader DeFi landscape. User-Friendly Experience: The service is integrated directly into the Coinbase platform, making it incredibly easy for existing users to participate without navigating external DeFi protocols. Simplified Access: It abstracts away the complexities of interacting directly with smart contracts, setting up MetaMask, or managing gas fees for multiple protocols. Optimized Performance: By connecting to multiple lending pools, Coinbase aims to provide consistently competitive yields, taking the guesswork out of finding the best rates. Ultimately, this offering aims to democratize access to high-yield opportunities, making them available to a wider audience who might otherwise shy away from the intricacies of DeFi. Navigating the On-Chain Lending Landscape: Risks and Rewards While the prospect of earning up to 10.8% on your USDC is undeniably attractive, it is crucial to understand that all financial endeavors carry some level of risk. Coinbase on-chain lending, while designed for security and ease of use, is no exception. Potential risks include: Smart Contract Vulnerabilities: Although extensively audited, smart contracts can theoretically have bugs or exploits. Market Volatility: While USDC is a stablecoin, the underlying value of the assets in lending pools can fluctuate, affecting overall returns or, in extreme cases, principal. Protocol Risks: The performance of Morpho and Steakhouse Financial directly impacts the service. However, Coinbase’s involvement provides a layer of institutional oversight and expertise that can help mitigate some of these risks. They conduct due diligence on the protocols used and aim to provide a secure environment. Users should always perform their own research and understand the dynamics of on-chain lending. Conclusion: A New Era for Stablecoin Holders The launch of Coinbase on-chain lending for USDC marks a significant milestone in the evolution of cryptocurrency services. By combining the accessibility and trust of a major exchange with the high-yield potential of decentralized finance, Coinbase is empowering users to generate passive income on their stablecoin holdings with unprecedented ease. This service not only simplifies participation in DeFi but also sets a new standard for how traditional crypto platforms can integrate innovative on-chain solutions. It’s an exciting development that could redefine how many engage with their digital assets, turning dormant stablecoins into powerful earning tools. Frequently Asked Questions (FAQs) 1. What is Coinbase on-chain lending? Coinbase on-chain lending is a new service that allows users to deposit USDC and earn yields of up to 10.8%. It connects user funds to various lending pools on the Base network, powered by DeFi protocols like Morpho and Steakhouse Financial. 2. How does the 10.8% yield work? When you deposit USDC, Coinbase creates a smart contract wallet that strategically allocates your funds to multiple lending pools to optimize returns, aiming for the highest possible yield, which can reach up to 10.8%. 3. What are the risks involved with Coinbase on-chain lending? Like all DeFi services, risks include potential smart contract vulnerabilities and market volatility affecting underlying assets. However, Coinbase’s institutional oversight and use of audited protocols aim to mitigate some of these risks. 4. Can I withdraw my funds from Coinbase on-chain lending at any time? Yes, one of the key benefits of this service is the flexibility it offers. Users can withdraw their deposited USDC and accrued yield at any time. 5. Which networks and protocols power this service? The service is powered by the Base network, developed by Coinbase, and utilizes decentralized finance protocols such as Morpho and Steakhouse Financial to manage lending pools and optimize yields. 6. Is Coinbase on-chain lending available to all users? Availability may vary based on jurisdiction and regulatory requirements. Users should check the Coinbase platform or their local regulations to confirm eligibility. Did you find this article insightful? Share it with your friends and colleagues on social media to help them discover the exciting opportunities with Coinbase on-chain lending! To learn more about the latest crypto lending trends, explore our article on key developments shaping decentralized finance institutional adoption. This post Coinbase On-Chain Lending: Unleash Impressive USDC Yields Up to 10.8% first appeared on BitcoinWorld.
Share
Coinstats2025/09/19 00:35
Koscom Pursues Korean Won Stablecoin with 5 Trademark Applications

Koscom Pursues Korean Won Stablecoin with 5 Trademark Applications

Detail: https://coincu.com/news/koscom-korean-won-stablecoin-trademark/
Share
Coinstats2025/09/18 18:39