Hospital meets $20 million grant challenge

FORT MYERS — Lee Memorial Health System Foundation says it has matched billionaire Naples resident Tom Golisano's $20 million challenge grant to build a new children's hospital.

Fort Myers-based women's based retailer Chico's FAS contributed $1 million to complete the $20 million needed to receive Golisano's matching grant, the foundation says. Golisano is the founder of Paychex, and Forbes recently estimated his net worth to be $1.9 billion, placing him among the richest 400 Americans.

Lee Memorial needs to raise another $19 million to complete its goal of raising $100 million for the 128-bed hospital to be built at HealthPark Medical Center off Summerlin Road in Fort Myers. The hospital has been named after Golisano in honor of his grant.