Today, the Peterson Center on Healthcare, a new organization established by the Peter G. Peterson Foundation, announced three major initiatives to advance the Center’s mission to transform U.S. healthcare into a high-performance system that delivers high-quality care at a lower cost. The Center’s first initiatives include collaborations with Stanford University’s Clinical Excellence Research Center, the Henry J. Kaiser Family Foundation and the National Quality Forum.
The Foundation has launched the Peterson Center on Healthcare with an initial commitment of $200 million. The Center finds and validates innovative healthcare solutions that improve quality of care and lower costs, and then works to accelerate their adoption on a national scale. The Center collaborates with stakeholders across the healthcare system and engages in grant-making, partnerships, and research. Additional partners, initiatives and grants will be announced in the coming months.
Foundation President and COO Michael A. Peterson on the Center's mission:
"Improving healthcare performance must be one of the nation’s most important priorities. Today, Americans are forced to endure a healthcare system that delivers health outcomes that are worse than many other nations, yet it is the most expensive in the world. This leaves our citizens in poorer health, reduces incomes, and threatens our future prosperity. We have established this new Center to help drive the adoption of innovations that will improve the quality of care and also lower costs. The research that we announced today proves that high-performance healthcare is not only possible, it already exists in parts of the U.S."