Tag: fund

By [email protected]_84

L.A. Care Commits $5 Million to Help Fund Launch of KGI School of Medicine

Health Plan Grant Supports New Physician Pipeline to Serve Low-Income Communities

L.A. Care Health Plan, the nation’s largest publicly operated health plan, announced today that it is committing $5 million to Keck Graduate Institute (KGI) to support the launch of the KGI School of Medicine in Claremont, California. The investment is part of L.A. Care’s Elevating the Safety Net, an initiative to address a looming physician shortage in Los Angeles County.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005126/en/

(Graphic: Business Wire)

The funding will help facilitate the establishment, accreditation, and opening of the KGI School of Medicine. KGI, founded in 1997 and a member of The Claremont Colleges, is a leader in graduate education for biotechnology and healthcare.

“The KGI School of Medicine will serve as a pipeline for physicians into the L.A. County safety net,” said John Baackes, L.A. Care CEO. “This commitment is an

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By [email protected]_84

$1B US Coronavirus Fund Remains Unspent, Except For Trump Ad On COVID-19


  • The bulk of the CDC’s $1 billion coronavirus funding remains unspent despite multiple requests to do so
  • The funding was part of the Paycheck Protection Program authorized five months ago to help fight the virus
  • The Trump administration directed $200 million of the funding to a $300 million anti-virus ad campaign

Most of the $1 billion funding package intended to help the U.S. Centers for Disease Control and Prevention (CDC) conduct COVID-19 contract tracing and testing remains unspent, except for $200 million the Trump administration used for ad campaign about the virus. 

According to a Bloomberg report, which cited unnamed sources familiar with the situation, the $1 billion in funding was part of the Paycheck Protection Program and Care Enhancement Act, which was authorized more than five months ago.

The relief package was intended to help the CDC improve its surveillance, epidemiology, and contact tracing efforts. It was

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By [email protected]_84

U.N. chief: time for national plans to help fund global COVID-19 vaccine effort

NEW YORK/GENEVA (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday it is time for countries to start using money from their national COVID-19 recovery and response plans to help fund the World Health Organization’s global vaccine plan.

The Access to COVID-19 Tools (ACT) Accelerator programme and its COVAX facility has so far received $3 billion, but needs another $35 billion. It aims to deliver two billion doses of coronavirus vaccines by the end of next year, 245 million treatments and 500 million tests.

“The ACT-Accelerator provides the only safe and certain way to re-open the global economy as quickly as possible. A national vaccine effort in a handful of countries will not unlock the doors to the global economy and restore livelihoods,” Guterres told a high-level virtual U.N. event.

Britain’s Foreign Secretary Dominic Raab – a co-host of the meeting along with Guterres,

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