Harvard Business School announces Howard Cox Health Care Initiative Fund

Howard Cox.

Photo courtesy of HBS

2 min read

Harvard Business School (HBS) has received a $10 million gift from Howard Cox (MBA 1969) to support the School’s Health Care Initiative with the goal of improving the quality and driving down the cost of health care in the United States. Cox, a venture capitalist and philanthropist who has been active in health care innovation in the US for over five decades, believes that, through its interactions with business and government leaders, HBS is uniquely positioned to drive innovation in health care, creating substantive change that will greatly improve the quality and value of health care delivery.

“Howard Cox has been a champion of improving health care in our country for decades,” said HBS Dean Srikant Datar. “His visionary leadership, extensive expertise, and formidable intellect have driven change at some of the largest health care organizations in the country. I am delighted that his ongoing support for HBS will help ensure that the next generation of leaders can transform this space. He truly exemplifies our mission of making a difference in the world.”

With nearly 50 years of experience founding, advising, and growing health care firms, including major players like Stryker Corp., Cox has witnessed the sector’s evolution first-hand. He knows that leaders with great management skills can have a significant impact and he believes that funds derived from reducing health care expenditures could be used to improve education and increase wages, helping to close the income and opportunity gap.