The United Health Foundation Commits $100 Million to Further Advance a Diverse Health Workforce

Rhea-AI Summary

The United Health Foundation, associated with UnitedHealth Group (NYSE: UNH), has announced a historic $100 million commitment over the next decade to enhance health equity and support underrepresented clinical professionals. This initiative aims to provide scholarships for 10,000 individuals pursuing careers in health care. As part of an ongoing effort, the Foundation has already invested over $700 million to combat health disparities, with a focus on fostering a diverse health workforce through various training and scholarship programs.

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• Commitment of $100 million to support scholarships for 10,000 underrepresented clinical professionals over 10 years.
• Largest philanthropic commitment in the history of the United Health Foundation, enhancing its previous $700 million contributions.
• Focus on building a diverse health workforce by providing training and scholarships, particularly in underserved communities.

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• None.

Funding will support scholarships for 10,000 underrepresented current and future clinical professionals

WASHINGTON--(BUSINESS WIRE)-- The United Health Foundation, the philanthropic foundation of UnitedHealth Group (NYSE: UNH), is making a $100 million commitment over 10 years to advance health equity, furthering its efforts to eliminate health disparities. The new commitment was announced today at the Social Innovation Summit in Washington, D.C., by Patricia L. Lewis, chief sustainability officer, UnitedHealth Group.

This new commitment, the largest single philanthropic commitment ever made by the United Health Foundation, will focus specifically on helping build a racially and ethnically diverse health workforce. Through philanthropic programs and partnerships, the funding will provide scholarships and support to 10,000 underrepresented future clinicians and upskilling health professionals to help in obtaining academic degrees or other professional credentials for clinical careers in medicine, nursing, midwifery, mental health and other specialties.

“Today, there are far too many barriers to good health that are disproportionately experienced by people of color, historically marginalized groups, and those with lower incomes,” Lewis said. “We are committed to leading the way, along with our partner organizations, in deploying tools, talent and resources to actively break down barriers, broaden access to care and make it easier for people to live healthier.”

UnitedHealth Group has a long-standing commitment to advancing a more diverse health workforce. Some of the initiatives UnitedHealth Group and its partners have launched include:

• Training underrepresented students in health care technology fields. Black, Hispanic and Native American people account for only 7.1% of the employed biological/biomedical and life sciences workforce, according to the National Science Foundation. UnitedHealth Group has invested $10 million to support data science training at historically Black colleges and universities since 2017.

• Developing the next generation health care workforce. Since 2007, the United Health Foundation’s Diverse Scholars Initiative has partnered with nine organizations to provide over 3,000 scholarships to diverse students across the U.S. The initiative has helped to increase the number of primary care providers ready to deliver personalized, culturally competent care, particularly in underserved communities.

About the United Health Foundation

Through collaboration with community partners, grants and outreach efforts, the United Health Foundation works to improve our health system, build a diverse and dynamic health workforce and enhance the well-being of local communities. The United Health Foundation was established by UnitedHealth Group in 1999 as a not-for-profit, private foundation dedicated to improving health and health care. Including the investment announced today, the United Health Foundation has committed more than $700 million to programs and communities around the world. To learn more, visit UnitedHealthFoundation.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006366/en/

Media Contact:

Eric Hausman

(952) 936-3963

eric.hausman@uhg.com

Source: United Health Foundation

FAQ

What is the purpose of UnitedHealth Group's $100 million commitment?

The $100 million commitment aims to enhance health equity and support scholarships for 10,000 underrepresented clinical professionals.

How long will UnitedHealth Group's funding for health equity last?

The funding commitment will last for 10 years.

How many scholarships will be provided by the United Health Foundation?

The United Health Foundation will provide scholarships for 10,000 individuals.

What is UnitedHealth Group's stock symbol?

UnitedHealth Group's stock symbol is UNH.

What initiatives does UnitedHealth Group support for diversity in healthcare?

UnitedHealth Group supports training programs and scholarships to increase diversity in the healthcare workforce.