WakeMed News Releases

May 31, 2011
RALEIGH, N.C. (May 31, 2011) – Capitol Broadcasting Company, through its CBC/WRAL Community Fund, is pleased to announce a $100,000 contribution to the initiative which will expand and enhance children’s healthcare services at WakeMed Health & Hospitals (WakeMed).

The WakeMed Foundation’s $20 million Just for Kids Kampaign, the largest fundraising campaign in WakeMed’s history, seeks to accomplish many important healthcare goals for children and families in Wake County and our region. The initial goal, to raise the first $8.5 million and open Wake County’s first-ever Children’s Hospital, was reached last summer. This ‘hospital within a hospital’, located on the 4th floor of a new patient tower at WakeMed’s Raleigh Campus, expanded patient capacity, relieved consistent overcrowding due to area population growth and created a state-of-the-art pediatric facility. The next phase of the campaign will include a much needed expansion of WakeMed’s Level IV (highest level) Neonatal Intensive Care Unit (NICU) for which WakeMed already has received state approval.

Due to community generosity including from diverse corporations and organizations throughout the Triangle-area, the campaign recently achieved the $10 million milestone.

“The expansion of children’s healthcare services at WakeMed is an asset to our community and most importantly for our children. Families in Wake County and beyond will benefit from this impressive new facility,” said James F. Goodmon, president and CEO of Capitol Broadcasting Company, Inc.

“As a result of the commitment and dedication of good corporate citizens and leaders like Capitol Broadcasting Company and Jim Goodmon, the Children’s Hospital and NICU expansion are the first projects in WakeMed’s history to be fully funded by community donations,” commented Dr. Bill Atkinson, WakeMed, president and CEO. “Capitol Broadcasting’s generous donation is truly an investment in our community’s children and families.”

About Capitol Broadcasting Company
Capitol Broadcasting Company, Inc. is a diversified communications company which owns and/or operates WRAL-TV, WRAL-Digital, WRAL-FM, WRAL-HD2, WCMC-FM, WDNC-AM, WCLY-AM, Microspace, CBC New Media Group and Wolfpack Sports Marketing in Raleigh, NC; WJZY-TV and WMYT-TV in Charlotte, NC; WILM-TV and Sunrise Broadcasting in Wilmington, NC: WRAZ-TV and The Durham Bulls in Durham, NC; and real estate interests including American Tobacco Project and Diamond View office buildings in Durham, NC.

About WakeMed Health & Hospitals
WakeMed Health & Hospitals is a private, not-for-profit health care organization based in Raleigh, N.C. The 870-bed system comprises a network of health care facilities throughout Wake and Johnston Counties. Centers of excellence include cardiac and vascular care, women’s and children’s services, physical rehab, emergency and trauma, orthopedics, neurosciences, home care and numerous wellness and community outreach programs. WakeMed’s team of 7,700 employees, 1,000 volunteers, more than 1,000 affiliated physicians, and 150 physicians employed by WakeMed Physician Practices serve the residents of North Carolina using the most advanced technologies to ensure the finest in health care. For more information, visit www.wakemed.org.

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