Dispensary Of Hope Participates in 2014 Clinton Global Initiative
Key to Creating Robust Domestic Network of Essential Medications for the Uninsured
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The Dispensary of Hope (DoH), a top domestic medication access program that supplies donated medicines to those in need, has recently partnered with the Mindset Social Innovation Foundation to expand the DoH reach. “The Dispensary of Hope announced this expansion at the Clinton Global Initiative Annual Meeting in New York City, among that prestigious group of leaders,” Chief Executive Officer Christopher Palombo announced today. The Dispensary of Hope recovers surplus medications from pharmaceutical companies and healthcare providers across the US, which are then distributed nationwide to licensed charitable clinics and pharmacies that provide uninsured patients with necessary prescriptions for free.
“This incredible opportunity will allow the Dispensary of Hope to grow its reach and serve hundreds of thousands more medically underserved friends, family, and neighbors throughout the country,” said Palombo. “We’re grateful to Saint Thomas Health, our parent organization, as well as the Mindset Social Innovation Foundation and the other philanthropic investors who are joining the effort by demonstrating their ongoing commitment to the millions of Americans who still cannot afford prescription coverage.”
As part of its CGI Commitment to Action, the Dispensary of Hope is working with six leading drug manufacturers and two major nationwide health systems to substantially increase the supply of essential medicine to individuals across the country who lack coverage for prescription medication. This gap in healthcare for the underserved creates hardship to families, impacts well-being and increases healthcare costs to communities. The project is based on a five year plan, which enables a new kind of distribution mechanism delivering over a hundred of the nation’s most needed primary care medications in consistent supply where they are needed most. The expansion project enables the Dispensary of Hope to quadruple its distribution and ship over $60 million (Average Wholesale Price) of donated medicine per year. This expansion will impact more than 1.2 million people over the next five years who lack access to affordable medications.
The Dispensary of Hope, established in 2003, currently serves over 80 communities and 56,000 patients nationwide. The Dispensary of Hope serves manufacturers, health systems, and physician practices with an efficient and compliant mechanism to donate medication, avoiding costly destruction while supporting our nation’s 8,200 charity clinics. The Dispensary of Hope is a 501(c) 3 charity, formed as a national philanthropic service of Nashville-based Saint Thomas Health, a member of Saint Louis-based Ascension Health, the nation’s largest nonprofit health system. For more information, visit: www.dispensaryofhope.org.
The goal: 100% Hope, 0% Waste.
Mindset Social Innovation Foundation, founded by Alison Lawton in 2008, is a charitable foundation that uses radical new ways of thinking to address the world’s most pressing problems. Past projects include production of internationally acclaimed documentary, “Uganda Rising,” and creation of The International Reporting Program, a masters program in journalism focused on telling untold stories of injustice from around the globe. Currently focused on the problem of access to affordable medicine, Mindset Foundation is supporting the Access Our Medicine Initiative to make affordable medicine a global priority. For more information, visit www.mindsetfoundation.com.
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 180 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 2,900 commitments, which are already improving the lives of more than 430 million people in over 180 countries.
CGI also convenes CGI America, a meeting focused on collaborative solutions to economic recovery in the United States, and CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.