USD med school receives grant of $10 million from Sioux Valley (AP) � Sioux Valley Hospital announced June 2 it is giving $10 million to The University of South Dakota School of Medicine, a gift Gov. Bill Janklow called the largest ever given to a university in the state.
The endowment will strengthen the bond between the university and the hospital, said Sioux Valley Chief Executive Officer Kelby Krabbenhoft, and will benefit the whole state.
"Today we honor and dedicate the relationship of the University of South Dakota and the Sioux Valley Hospital by creating The University of South Dakota Medical Center," he said.
Controversy has arisen over the addition of the USD name to the hospital's name.
Sioux Valley Hospitals and Health System has signed a contract with the state giving it the right to use the school's name. The hospital's name now will be Sioux Valley Hospital and University of South Dakota Medical Center.
Officials from the South Dakota Board of Regents, who must approve the use of the USD name, say the request is being negotiated.
Sioux Valley added University Medical Center to its title in 1999. Now, Avera McKennan Hospital in Sioux Falls is adding "University Health Center" to its name, saying it has educational ties to many schools. Krabbenhoft has criticized McKennan's plan.