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Merck Foundation Announces $17 Million U.S. Initiative To Expand Access to High-Quality Cardiac Care

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The Merck Foundation has launched a new $17 million initiative called the Collaborative for Equity in Cardiac Care, running from 2025 to 2030. The program aims to improve access to high-quality cardiac care in underserved U.S. communities by transforming primary care delivery, building community partnerships, and addressing social barriers to healthcare. The initiative focuses on helping people with heart conditions who face challenges in accessing timely diagnoses and quality care. Qualified 501(c)(3) non-profit organizations can apply to join the Collaborative by submitting a letter of intent by January 10, 2025.

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Positive

  • Commitment of $17 million in funding over five years (2025-2030)

Negative

  • None.

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+0.93% News Effect

On the day this news was published, MRK gained 0.93%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

RAHWAY, NJ / ACCESSWIRE / November 20, 2024 / The Merck Foundation (Foundation) has announced a new initiative to help advance equitable access to high-quality, culturally responsive care for people with heart conditions in underserved U.S. communities-the Collaborative for Equity in Cardiac Care (Collaborative).

The Foundation is committing $17 million over five years (2025-2030) to support the Collaborative, which aims to:

  • Transform the delivery of primary care by promoting person-centered approaches to meet the medical and social needs of people living with heart conditions;

  • Build sustainable community partnerships to address barriers to cardiac care;

  • Improve health outcomes and quality of life for people living with heart conditions;

  • Disseminate findings and lessons learned to improve the delivery of cardiac care.

In underserved communities across the U.S., people with heart conditions encounter more barriers to timely diagnoses, receive a lower quality of care and experience poorer health outcomes than those living in other parts of the country. These disparities are often fueled by social drivers of health, such as a lack of access to stable housing, transportation, education, nutritious foods and employment opportunities.

To apply to join the Collaborative and help address inequities in cardiac care, an organization must be designated as a qualified 501(c)(3) non-profit organization and submit a letter of intent to cardiaccareequity@rabinmartin.com by Jan.10, 2025. For more information, please click here to view the Collaborative's call for proposals.

About the Merck Foundation

The Merck Foundation (Foundation) is a U.S.-based, private charitable organization. Established in 1957 by Merck, a leading global biopharmaceutical company, the Foundation is funded entirely by the company and is Merck's chief source of funding support to qualified non-profit charitable organizations. Since its inception, the Foundation has contributed more than $1 billion to support important initiatives that address critical global health and societal needs that are consistent with Merck's purpose: to save and improve lives around the world. For more information, visit merck.com/company-overview/sustainability/philanthropy/merck-foundation.

View additional multimedia and more ESG storytelling from Merck & Co., Inc. on 3blmedia.com.

Contact Info:

Spokesperson: Merck & Co., Inc.
Website: https://www.3blmedia.com/profiles/merck-co-inc
Email: info@3blmedia.com

SOURCE: Merck & Co., Inc.



View the original press release on accesswire.com

FAQ

What is the value of Merck Foundation's new cardiac care initiative?

The Merck Foundation is committing $17 million over five years (2025-2030) to the Collaborative for Equity in Cardiac Care initiative.

When is the deadline to apply for Merck's (MRK) Collaborative for Equity in Cardiac Care?

The deadline to submit a letter of intent for the Collaborative is January 10, 2025.

What are the eligibility requirements for Merck's (MRK) cardiac care initiative?

Organizations must be designated as qualified 501(c)(3) non-profit organizations to be eligible for the Collaborative.
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