ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Direct Relief, the National Association of Free and Charitable Clinics and Teva Pharmaceuticals Advance Access to Behavioral Health Services

By: 3BL Media

SOURCE: Direct Relief

SUMMARY:

Initiative will expand medication access and provide grant funding to free and charitable clinics that care for medically underserved patients diagnosed with depression and anxiety.

DESCRIPTION:

Direct Relief, the National Association of Free and Charitable Clinics (NAFC), and Teva Pharmaceuticals today launched a new program to expand medication access and provide grant funding to free and charitable clinics that care for medically underserved patients diagnosed with depression or anxiety.

Teva is providing free and charitable clinics with $2 million in grant funding over two years and making available, on a charitable basis, a portfolio of commonly used generic medications that treat depression and anxiety. The new pilot program – initially set in Florida, New Jersey and California – aims to advance access to mental health care for uninsured populations.

"Access to mental health care is critical yet distributed unevenly across the U.S.," said Thomas Tighe, CEO and President of Direct Relief. "Direct Relief is joining NAFC and Teva Pharmaceuticals in supporting community-based facilities to extend mental health care for those most in need."

The COVID-19 pandemic exacerbated access to adequate health services and mental health care needs. The new initiative will help address mental health access through a two-pronged approach to care: medication donations and community grants for free and charitable clinics, to help address key equity issues and advance quality care for underserved populations.

Products will be available to free and charitable clinics and pharmacies in Direct Relief's network. NAFC will help identify and evaluate programs eligible for grants and facilitate a community of learning between grantee clinics.

"Free and Charitable Clinics are beacons in their communities where access to affordable prescription medications and flexible funding resources are obstacles faced every day," said Nicole Lamoureux, President and CEO of NAFC. "With this program, we hope to reduce barriers to care for underserved populations by working with grantees to identify innovative, scalable ideas and approaches that enhance mental and behavioral health care access, particularly as the pandemic continues to spotlight severe inequities in care."

Expanding Access and Delivering Care

Anxiety and depression disorders affect more than 40 million adults in the U.S. every year. Additionally, 84 percent of physicians reported an increase in new diagnoses of mental health conditions since the pandemic began, especially among racial and ethnic minorities and lower-income households, according to a recent nationwide survey by the Morehouse School of Medicine and Teva.

"As a company responsible for 1 in 12 generic prescriptions in the U.S. with our portfolio of accessible medicines, it is critical to our mission to help increase access to quality care," added Dr. Sven Dethlefs, Executive Vice President, North America Commercial, at Teva. "Through this partnership with Direct Relief and NAFC, we are committed to reducing the disparities in health care that are hindering health equity by uncovering novel solutions that improve the lives of patients, their families and their communities."

Teva's support for the U.S. Access program stems from its public commitment to launch eight global access programs by 2025. In 2020, the company's generic medicines directly saved U.S. patients an estimated $4.2 billion.

Grant Funding for Critical Facilities

As of today, Direct Relief will accept proposals from eligible free and charitable clinics and charitable pharmacies that are members of the National Association of Free and Charitable Clinics, in California, Florida, and New Jersey.;

Specifically, Direct Relief seeks innovative programs that advance health equity for populations with high unmet needs, support patient education and outreach, service delivery, or point of care models to help promote access or reduce barriers to care. Proposals must address clinical or non-clinical interventions for treating depression and anxiety for populations, including racial and ethnic minorities and LGBTQIA+ individuals. Eligible clinics will be contacted directly by Direct Relief.


About Direct Relief

A humanitarian organization committed to improving the health and lives of people affected by poverty and emergencies, Direct Relief delivers lifesaving medical resources throughout the U.S. and world to communities in need—without regard to politics, religion, or ability to pay. For more information, visit www.DirectRelief.org.

About National Association of Free and Charitable Clinics

National Association of Free and Charitable Clinics (NAFC) is the only nonprofit 501c (3) organization whose mission is solely focused on the issues and needs of the medically underserved throughout the nation and the more than 1,400 Free and Charitable Clinics that serve them. The NAFC has earned the Platinum Seal of Transparency from GuideStar and a 4-star rating from Charity Navigator. Founded in 2001 and headquartered near Washington, D.C., the NAFC is working to ensure that the medically underserved have access to affordable quality health care and strives to be a national voice promoting quality health care for all. For more information about the NAFC, please visit www.nafcclinics.org.

About Teva

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has been developing and producing medicines to improve people’s lives for more than a century. We are a global leader in generic, biosimilar and specialty medicines with a portfolio consisting of over 3,500 products in nearly every therapeutic area. Around 200 million people around the world take a Teva medicine every day, and are served by one of the largest and most complex supply chains in the pharmaceutical industry. Along with our established presence in generics, we have significant innovative research and operations supporting our growing portfolio of specialty and biopharmaceutical products. Learn more at www.tevapharm.com.

Tweet me: Mental health services are distributed unevenly across the US. To address this gap, @DirectRelief @NAFClinics & @TevaUSA have launched a program to provide donated meds and funding to free & charitable clinics treating patients with depression/anxiety. https://bit.ly/3zjWAR7

KEYWORDS: behavioral and mental health, Access to Medicines, philanthropy, Direct Relief

Patient sits across a table from a healthcare provider

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.