Healthcare Finance News August 12, 2024
Jeff Lagasse

Seed funding will also be given to support the creation of the Xavier Ochsner College of Medicine, a new medical school in New Orleans.

In a move to improve racial wealth equity, Bloomberg Philanthropies announced a new $600 million gift this week to help bolster the endowments of the nation’s four historically Black medical schools – Charles R. Drew University of Medicine & Science, Howard University College of Medicine, Meharry Medical College and Morehouse School of Medicine.

Seed funding will also be given to support the creation of the Xavier Ochsner College of Medicine, a new medical school in New Orleans.

The investment is part of the Greenwood Initiative, an effort that seeks to advance racial wealth equity, including addressing...

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