NCPDP donates a $1 million restricted endowment to the NCPDP Foundation, reinforcing its commitment to advancing healthcare through standards-based information technology and long-term research funding.
SCOTTSDALE, Ariz., Jan. 31, 2025 /PRNewswire-PRWeb/ -- NCPDP announces the donation of a $1 million restricted endowment to the NCPDP Foundation a nonprofit 501(c)(3) organization. This endowment reflects NCPDP's strong commitment to supporting the NCPDP Foundation's purpose of supporting programs, projects, and people that drive quality healthcare through the use of standards-based healthcare information technologies.
"We are incredibly honored that the NCPDP Board of Trustees approved this funding, which highlights our board and NCPDP's dedication to fostering meaningful, lasting change in healthcare," said Lee Ann Stember, President & CEO of NCPDP. "By supporting these restricted endowments, we ensure that the NCPDP Foundation will have the resources it needs to continue researching innovations in HIT, improving patient outcomes, and creating a healthier future for generations to come."
This significant contribution will provide critical support for the long-term sustainability of the NCPDP Foundation's three key endowment funds. The NCPDP Foundation indicated funding will be distributed as follows:
- $500,000 to the Charlie and Mary Pulido Endowment
- $250,000 to the Lee Ann Stember Endowment
- $250,000 to the Ben Ward Endowment
"The ongoing support provided by these endowments is vital to our work," said J. W. Hill, MBAHCM, Executive Director of the NCPDP Foundation. "We are deeply thankful for NCPDP's generous contribution, which allows us to continue funding research that directly enhances the role & value of the pharmacist, access to care, patient safety, and the coordination of care and innovation."
About the NCPDP Foundation
The NCPDP Foundation collaborates with organizations and individuals to support research initiatives that improve data sharing throughout the healthcare ecosystem, removing obstacles to quality care for patients, with a focus on pharmacy interoperability. The NCPDP Foundation is a 501(c)(3) nonprofit charitable organization headquartered in Scottsdale, Arizona. For more information, please visit http://ncpdpfoundation.org.
About NCPDP
The National Council for Prescription Drug Programs (NCPDP), established in 1977, is a nonprofit ANSI-accredited Standards Developer (ASD) with members across the healthcare industry. NCPDP develops standards and solutions to improve the exchange of information for medications, supplies, and services, including the SCRIPT Standard for ePrescribing and the Telecommunication Standard. Its data products include dataQ®, providing insights on over 80,000 pharmacies, and HCIdea®, a prescriber database with over 3.7 million records. NCPDP's RxReconn® offers real-time tracking of pharmacy-related legislative and regulatory activity at state and national levels. Named in federal legislation such as HIPAA and HITECH, NCPDP has been advancing healthcare interoperability for decades. Learn more at http://www.ncpdp.org.
Media Contact
Lindsay Womack, NCPDP, 480-477-1000, [email protected], https://www.ncpdp.org/
Whitney Ellington, NCPDP Foundation, 4804771000, [email protected], https://ncpdpfoundation.org/
SOURCE NCPDP
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