FOUNDATION ADVANCES US$36 MILLION HEALTHCARE INNOVATION CHALLENGE
Proposal Successfully Validated and Retrieved by US Federal Agency
Washington, D.C. February 8, 2012
Charles & Agnes Kazarian Foundation has been notified that
its US$36 million Health Care Innovation Challenge proposal has
been successfully validated and subsequently retrieved by the
United States Centers for Medicare & Medicaid Services.
Foundation’s proposal is to create a nationwide Health Corps
of America (“the Corps”) consisting of healthcare
professionals delivering at-home integrative medicine to high-cost,
high-risk elderly populations.
Charles & Agnes Kazarian Foundation will fund US$6 million
of the Corps’ budget. The Corps and its eight world class
partners, specializing in the four Building Blocks listed below,
will be managed by the Foundation.
Corps projects total savings and value-add over the next three
years to be US$90 million, which is a multiple of three times
the government grant. A Foundation spokesperson commented:
compellingly, the Corps would generate $60 million of net savings
while creating 1,882 jobs, which is $31,881 in net savings per
Health Corps of America is significantly based on the Foundation's
proprietary research, especially on the global benchmarks and
high value-add best practices of internships and volunteerism.
Corps will be a nationwide program founded upon four Building
Blocks: #1. Benchmarking & Best Practices, #2. Critical Thinking
& Education, #3. Integrative Medicine, and #4. Home Care.
Corps will be managed and measured with three Key Performance
Indicators (“KPIs”): #1. Health Care Cost Savings,
#2. Quality of Life Value, and #3. Sustainable Jobs Created.
Charles & Agnes Kazarian Foundation is a private operating
foundation established in 1998. The Foundation seeks to empower
great aspirations in the whole human family, and focuses on global
economic development, education, and healthcare initiatives. The
Foundation’s mission is guided by two principles: (1) the
knowledge contained in “New Philanthropy Benchmarking: Wisdom
for the Passionate”, especially the principle that the social
sector can achieve transformative change by cultivating intense
positive competition among its stakeholders, and (2) that a society
is best judged by its success in empowering the most disadvantaged,
especially those with disabilities.
Health Care Innovation Challenge, sponsored by the United States
Centers for Medicare & Medicaid Services and funded by the
Affordable Care Act, will award up to US$1 billion in grants to
applicants who will implement the most compelling new ideas to
deliver better health, improved care and lower costs to high-cost,
interested in learning more about this initiative may contact
The Charles & Agnes Kazarian Foundation, 1629 K Street NW,
Suite 300, Washington, DC: firstname.lastname@example.org