CVS Health Foundation has announced the allocation of $4 million in grants over five years as part of its Healthy Aging initiative. This funding will be distributed equally among four organizations: the Atlanta Regional Collaborative for Health Improvement in Atlanta, GA, the Center for Better Aging in Chicago, IL, the EngageWell Independent Provider Association in New York, NY, and the Palm Health Foundation in Boynton Beach, FL. Each organization will receive $1 million aimed at enhancing healthcare access and resources for aging individuals dealing with brain, heart, and behavioral health issues, as well as their caregivers.
The initiative arises in response to demographic changes in the United States, where individuals aged 65 and older are living longer and represent the largest cohort of older adults in history. According to projections from the Census Bureau, by 2034, the number of Americans over 64 is expected to surpass those under 18. The CVS Health Foundation recognizes the need to address the complexities of care navigation and to fill gaps in local healthcare and social systems for older adults.
The Atlanta Regional Collaborative for Health Improvement plans to utilize its grant to enhance its Community Resource Hub, facilitating connections for older adults with necessary healthcare services. The organization aims to expand its partnerships to improve access to tailored meals and educational resources.
In Chicago, the Center for Better Aging intends to improve its coordinated care model to address chronic health conditions prevalent in the South Side. The funding will support the establishment of a data tracking system for health outcomes and initiatives to strengthen community ties for residents and their caregivers.
EngageWell in New York City will use its grant to refine its Care Your Way initiative, which aims to make healthcare more responsive to the needs of the aging population. The funding will support enhancements in telemedicine infrastructure, the addition of Community Health Workers, and medication adherence assistance for seniors with health conditions.
Lastly, the Palm Health Foundation will develop a Healthier Aging Initiative to support caregivers over 60 years old. This initiative aims to improve the health and wellness services available to caregivers, addressing their often-overlooked health needs.
Overall, these grants reflect a commitment to improving the quality of life for older adults and their caregivers through targeted support and resource allocation across various communities in the United States.