Zimmer Biomet Creates Nonprofit to Reduce Health Disparities
Zimmer Biomet (NYSE:ZBH) announced this week that it has created an independent 501(c)(3) for its philanthropic and multidisciplinary Movement is Life coalition.
New 501(c)(3) nonprofit designation will allow Warsaw, Indiana-based company to raise awareness of the impact of disparities on chronic disease management and quality of life women, racial and ethnic minorities and women living in rural communities .
“We are excited to take this next step in the evolution of Movement is Life as we continue our journey to address disparities in communities and underserved populations,” said Dr. Mary O’Connor, Co-Founder, Chief Medical Officer and Chief Compliance Officer at Vori Health, and Chair of the Board of Movement is Life. “The first Movement is Life Board of Directors shares my gratitude to Zimmer Biomet for their incredible support in our growth. We are delighted and look forward to working together as an independent organization to achieve our goals.
Movement is Life was founded in 2010 to reduce musculoskeletal health disparities among minority populations, and the new nonprofit will raise awareness through programs focused on early intervention, education, behavior change and chronic disease management advocacy.
The Zimmer Biomet Foundation has made a multi-year, multi-million dollar commitment to continue supporting Movement is Life’s operating costs to help establish an independent coalition and expand its programs.
“For the past 12 years, Movement is Life has been the first organization to address health disparities in orthopedics. This new non-profit status will allow the organization to expand its partnerships and develop new relationships to continue the important work of the coalition,” said Keri Mattox, Communications and Administration Manager and Board Member. Zimmer Biomet Foundation Board of Directors. “Zimmer Biomet and the Zimmer Biomet Foundation remain fully committed to ensuring equity of care in our communities and we are excited to have the opportunity to continue supporting Movement is Life in their growth as an independent organization.