Chicago-based investment, brokerage and advisory firm Loop Capital pledged $1 million to aid the University of Chicago Medicine's Community Health Workers Program, which aims to improve access to healthcare on Chicago's South Side.
There are not enough healthcare facilities to serve these neighborhoods: In the last 25 years, the South Side has seen nearly 12 hospitals permanently close. To help fill this gap in care, the CHW program aims to bring initiatives like the proposed Pediatric Asthma and Adult Diabetes pilots to the South Side.
"Having been born and raised on the South Side of Chicago, the wellbeing of its residents is a matter that is very important to me," Loop Capital Chairman and CEO Jim Reynolds said in a statement. "The health issues that plague this community can be mitigated or avoided altogether through education and timely treatment. Loop Capital is proud to partner with the University of Chicago Medicine, one of the best medical institutions in the world, in order to effect change within this community and we hope that our contribution makes a difference in the lives of many."
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