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Bristol Myers Squibb Awards Nearly $8 Million in New Health Equity Grants to Improve Access to Care for Medically Underserved Patients in U.S.
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Bristol Myers Squibb (NYSE: BMY) announced $7.965 million in health equity grants to 24 U.S. non-profits aimed at improving access to care in underserved communities. This funding is part of a broader commitment of $150 million by 2025 to address health disparities and enhance clinical trial diversity. To date, the total investment towards health equity initiatives has exceeded $39 million. The grants will support community health workers and patient navigators to improve patient care in various therapeutic areas, including oncology and cardiology.
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Total health equity grants increased to $39 million.
New $7.965 million grants support community health initiatives.
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Grants going to 24 U.S. non-profit organizations to train and support community health workers and patient navigators as part of $150 million D&I and Health Equity Commitments by 2025
PRINCETON, N.J.--(BUSINESS WIRE)--
Bristol Myers Squibb (NYSE: BMY) today announced $7.965 million in new health equity grants to 24 U.S. non-profit organizations that aim to improve access and quality care to medically underserved patients and communities across oncology, cardiology, immunology and hematology therapeutic areas. These grants will bolster community outreach and education, increase patient support and care coordination services, and support diversity, cultural competency and collaboration among community health workers and patient navigators in communities across the U.S. To date, Bristol Myers Squibb’s total support in addressing health disparities as part of our 2020 Commitments is just over $39 million.
Health Equity Grants to Train and Support Community Health Workers and Patient Navigators in the U.S. (Graphic: Business Wire)
“Through our Health Equity Commitments grants and partnerships, Bristol Myers Squibb is focused on scaling what works in removing barriers that patients may face when accessing care,” said Adam Lenkowsky, senior vice president, general manager of U.S. Cardiovascular, Immunology and Oncology, Bristol Myers Squibb. “We know that the complexities of specialty care bring unique challenges that community health workers and patient navigators can help solve. They are trusted members of their communities, have deep knowledge of health systems and are vital to medically underserved patients receiving high quality care, including access to medical innovations and clinical trials.”
These health equity grants are part of Bristol Myers Squibb’s D&I and Health Equity Commitments, a $150 million 5-year investment launched in 2020 to address health disparities, increase clinical trial diversity, expand supplier diversity, increase workforce representation and enhance employee giving in support of social justice organizations.
In 2021, Bristol Myers Squibb awarded $11 million in health equity grants that were broad-based and addressed disease awareness & education, patient supportive services, access to care, diversity in clinical trials, diversity in the healthcare and biomedical research workforce, health disparities research and health equity policy advancement.
These new grants are strongly community-oriented and continue to drive deeper investments in proven health equity solutions. The 24 grantees include patient advocacy, community-based and faith-based organizations, medical societies, and non-profit healthcare institutions that together serve a wide range of communities across the U.S.
For example, in the largely Latino communities of Houston and El Paso, Texas, Orlando, Fla, Chicago and Los Angeles, Dia de la Mujer Latina will expand the role of Promotoras de Salud in lung cancer prevention, screening and care. In North Dakota, CommonSpirit’s Total Health community health workers will focus on the social determinants of health and connect rural patients and community members to non-medical services such as housing and healthy nutrition. The Asian & Pacific Islander American Health Forum will collaborate with 20 community partners in 16 U.S. states to train and implement community health worker and patient navigator programs for Asian patients facing cancer, cardiovascular and immunological diseases. The Multiple Myeloma Research Foundation will implement a pilot “train the trainer” program to bolster their Patient Navigation Center to improve the quality of clinical care for African American patients. In New Jersey, Crossroads4Hope will work with trusted community advocates to address the psychosocial needs of cancer patients in vulnerable communities.
Bristol Myers Squibb’s Commitment to D&I and Health Equity
Bristol Myers Squibb is united by a critical mission: transforming patients’ lives through science. As an inclusive, patient-centered, global biopharmaceutical company, we are committed to doing our part to help advance health equity and deliver innovative medicines that improve the health outcomes of medically underserved and increasingly diverse patient populations. We have been on a health equity journey for many years — continuously building on and expanding our tools to meaningfully tackle health inequities in the U.S. and worldwide.
In August 2020, we announced our $150 million investment over five years to address health disparities, increase clinical trial diversity, expand supplier diversity, increase workforce representation and enhance employee giving in support of social justice organizations. We remain deeply committed to doing our part to help transform patients’ lives around the world.
About Bristol Myers Squibb
Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram.
