Navigation Links
SCAN Health Plan Announces Creation of $205 Million Foundation Dedicated to the Needs of Seniors
Date:4/11/2008

Bruce Chernof, MD, to take reins as CEO of new charity

LONG BEACH, Calif., April 11 /PRNewswire/ -- SCAN Health Plan announced today the launch of a new $205-million charitable foundation that will focus on innovative solutions to the healthcare needs of California's seniors. Called "The SCAN Foundation," the new organization will become, when fully operational, one of the nation's largest foundations targeted at the needs of the elderly.

SCAN also announced the appointment of Bruce Chernof, MD, as chief executive officer of the Foundation. A nationally known and respected healthcare leader, Chernof will leave his current post as director and chief medical officer of the Los Angeles County Department of Health Services to join the Foundation in late May.

The SCAN Foundation is being created through a contribution from SCAN Health Plan, a nonprofit Medicare Advantage organization based in Southern California. The California Department of Managed Health Care has authorized the creation of the Foundation.

SCAN Health Plan's mission is to support healthy and independent aging. "We believe that the establishment of a foundation is the best use of a portion of our dollars, totally consistent with our values and a natural continuation of the legacy of the 12 seniors who founded SCAN more than 30 years ago," said Dave Schmidt, CEO of SCAN Health Plan. "The establishment of the Foundation is part of the continuing commitment to community benefit by SCAN."

The SCAN Foundation has already committed to spend $5 million toward programs that address the health-information technology needs of California's seniors. Other areas of emphasis may include geriatric education, work in select geriatric disease states and finding new ways to support seniors' ability to remain independent and at home.

"Over the past six years, SCAN has been very successful in efficiently managing its operations and employing sound money-management practices. Our financial strength coupled with our commitment to be at the forefront of senior issues positions us well for this philanthropic effort," said Schmidt.

"We're excited to create a foundation that will have a direct and measurable impact on the healthcare of senior citizens in California and the United States," said Thomas Higgins, chairman of board of The SCAN Foundation.

SCAN Health Plan has substantial reserves and, even after funding the Foundation, will remain well beyond any statutory requirements.

Because SCAN Health Plan is itself a not-for-profit organization, there were no shareholders or stock conversions involved in the creation of this Foundation. The SCAN Foundation will be based in Long Beach, California. SCAN Group is the holding body for the SCAN entities.

For more than 30 years, SCAN Health Plan has been focusing on the unique needs of people with Medicare. One of California's fastest-growing Medicare Advantage plans, SCAN currently serves more than 100,000 members in Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura and Kern counties. In Arizona, SCAN offers a health plan for Medicare and Medicaid-eligible individuals and also provides long-term care services to individuals enrolled in the state's long-term care system in Maricopa County. Further information may be obtained at http://www.scanhealthplan.com.


'/>"/>
SOURCE SCAN Health Plan
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Creating Healing Environments: Healthcare Industrys Largest Sustainability Conference to be Held May 20-22 in Pittsburgh
2. Grubb & Ellis Healthcare REIT Names Danny Prosky Executive Vice President, Acquisitions
3. HealthMEDX Hosts Annual User Group Conference
4. Healthcare Sector Benefits from Online Community
5. National Osteoporosis Foundation and CESLIE - The Womens Network Honor LeFrak Mother and Daughters for Commitment to Bone Health and New York Community
6. Methodist Healthcare - Memphis Hospitals Announces Termination of Tender Offers
7. Cardinal Health Awards $1 Million to Fund Patient Safety Initiatives
8. National Healthcare Decisions Day in All 50 States, DC, Puerto Rico, and Internationally
9. Highmark Healthy High 5 School Challenge Program Awards $605,000 in Grants to 75 Pennsylvania Schools
10. The Center for Health Design & Vendome Group Unveil Premiere Issue of Health Environments Research & Design Journal (HERD) - http://www.herdjournal.com
11. Jackson Hewitt(R) Celebrates Healthcare Workers With Occupation-Based Tax Savings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/28/2017)... ... 28, 2017 , ... Park Systems , a leader in Atomic Force ... attendees and Park customers on July 11, 2017 from 12-2pm at the Thirsty ... & CEO of Park Systems, and Prof. Krishna Saraswat , Rickey/Nielsen Professor in ...
(Date:6/28/2017)... ... June 28, 2017 , ... Schneider Insurance and ... to clients in southern Montana, is announcing a focused charity effort to gather ... outreach programs offered by Zoo Montana provide students with current knowledge on the ...
(Date:6/28/2017)... VA (PRWEB) , ... June 28, 2017 , ... ... protection assistance and financial consultations to communities in northern Virginia and DC, is ... to help provide for patients with Alzheimer’s and other disorders that lead to ...
(Date:6/27/2017)... ... 27, 2017 , ... Excel Medical, the leader in Next-Generation ... of Executive Vice President, Sales and Marketing. Finnegan is a widely known industry ... sales leadership. He has received industry recognition for innovations and new approaches to ...
(Date:6/27/2017)... and London UK (PRWEB) , ... June 27, 2017 , ... ... to a clinical study is whether they can trust the sponsor to pay them ... is vital that sponsors and CROs establish payment strategies that encourage sites to work ...
Breaking Medicine News(10 mins):
(Date:6/12/2017)... Kineta, Inc., a biotechnology company focused on the ... President of R&D and Head of Virology Kristin Bedard has ... the Northwest and Beyond meeting sponsored by Life Science ... from 8:30-10:30 AM PDT at the Agora Conference Center in ... Bedard will be joined by other leaders in infectious disease ...
(Date:6/9/2017)... , June 9, 2017 More than ... further effort to help spread lessons learned from clinical ... International Diabetes Federation (IDF) and Eli Lilly and Company ... the second phase of the Bringing Research in Diabetes ... their commitment to helping people with diabetes effectively manage ...
(Date:6/7/2017)... -- Endo International plc (NASDAQ: ENDP ) ... Joseph R. Goodwin , U.S. District Court Judge for ... , entered a case management order in MDL 2325, ... Litigation (the "MDL") that includes a provision requiring plaintiffs ... on specific causation within one hundred twenty (120) days ...
Breaking Medicine Technology: