Up to 40 grants to be awarded by Cardinal Health totaling $1 million
DUBLIN, Ohio, Oct. 25 /PRNewswire-FirstCall/ -- More than 10 percent of
the nation's health care facilities are seeking grants from Cardinal Health
through a $1 million fund set up by the company to help improve patient
safety.
Company officials said more than 700 hospitals, health systems and
community health clinics responded to their announcement in August about
the grant program, which is the largest and first of its kind in the
private sector. To support initiatives that enhance patient safety and
quality of care, Cardinal Health will grant up to $50,000 per facility to
fund new and innovative programs that establish or implement creative and
replicable methods to address challenges in providing quality patient care
and to help drive improvements.
The company expects to fund up to 40 of the 730 grant requests.
"We know that health care providers are focused on safety and quality,
but the overwhelming response to our grant program brings this issue into
even sharper focus and highlights the interest to accelerate improvements,"
said R. Kerry Clark, chief executive officer of Cardinal Health. "A focus
on improving quality will also go a long way toward lowering costs within
the entire health care system. We are pleased to assist the health care
community in making meaningful progress in this important endeavor."
In selecting grant recipients, Cardinal Health's selection committee
will look for:
-- projects that respond to a clearly identified, high priority safety
issue
-- projects that apply new thinking and approaches to development of
solutions
-- collaborative programs
-- demonstrable and sustainable measures to assure that improvements hold
up over time
-- model programs that can be replicated at other organizations
To be eligible for funding, facilities must be designated as 501(c)(3)
by the IRS and were required to submit a letter of intent to submit a
proposal by October 12. Approximately 100 to 150 institutions will be asked
to submit a full proposal, with grants announced in March 2008.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an
$87 billion, global company serving the health care industry with products
and services that help hospitals, physician offices and pharmacies reduce
costs, improve safety, productivity and profitability, and deliver better
care to patients. With a focus on making supply chains more efficient,
reducing hospital-acquired infections and breaking the cycle of harmful
medication errors, Cardinal Health develops market-leading technologies,
including Alaris(R) IV pumps, Pyxis(R) automated dispensing systems,
MedMined(TM) electronic infection surveillance, VIASYS(R) respiratory care
products and the CareFusion(TM) patient identification system. The company
also manufactures medical and surgical products and is one of the largest
distributors of pharmaceuticals and medical supplies worldwide. Ranked No.
19 on the Fortune 500 and No. 1 in its sector on Fortune's ranking of Most
Admired firms, Cardinal Health employs more than 40,000 people on five
continents. More information about the company may be found at
http://www.cardinalhealth.com.
SOURCE Cardinal Health, Inc.
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Related links:
http://www.cardinalhealth.com
CONTACT:
Donna Gaidamak of Cardinal Health, Inc.,
+1-847-578-4434, donna.gaidamak@cardinalhealth.com
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