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Dave Reports Record Fourth Quarter and Full Year 2023 Results; Reaches Significant Quarterly Profitability Milestone

Retrieved on: 
Tuesday, March 5, 2024

LOS ANGELES, March 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • The variability of these items could have a significant impact on our future GAAP financial results.
  • Dave CFO Kyle Beilman commented: “Our 2024 guidance illustrates the sustainability of the progress we made in achieving profitability in the fourth quarter, as well as our commitment to growing our business profitably going forward.
  • The conference call details are as follows:
    The conference call will also be available for replay in the Events section of the Company’s website, along with the transcript, at https://investors.dave.com .
  • If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at [email protected] .

Kroger Health Announces Collaboration with Performance Kitchen® to Offer Medically Tailored Meals

Retrieved on: 
Friday, September 15, 2023

CINCINNATI, Sept. 15, 2023 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), is announcing its collaboration with Performance Kitchen® to offer medically tailored meals (MTMs). This will be the first time Kroger Health is offering evidence-based, registered dietitian approved meals that will offer nutrition intervention for people who are living with various health conditions including diabetes, heart disease and cancer. MTMs are created to meet the specific needs of individuals and may significantly improve a person's overall health and wellness while providing access to nutritious foods.

Key Points: 
  • CINCINNATI, Sept. 15, 2023 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), is announcing its collaboration with Performance Kitchen® to offer medically tailored meals (MTMs).
  • "We believe in empowering people with resources to help them make healthy choices that will deliver the best outcomes for them," said James Kirby, chief commercial officer, Kroger Health.
  • Performance Kitchen® and Kroger Health have strategic initiatives that focus on implementing Food as Medicine into people's' daily lifestyles.
  • All Performance Kitchen® meals crafted for the collaboration are also approved by Kroger Health registered dietitians.

Fresenius Kidney Care Reunites with Food Is Medicine Coalition on Mission to Expand Access to Medically Tailored Meals

Retrieved on: 
Monday, March 13, 2023

WALTHAM, Mass., March 13, 2023 /PRNewswire/ -- Fresenius Kidney Care, the nation's leader in kidney care services and education, renewed its support for the Food Is Medicine Coalition (FIMC) to help those living with severe illness eat and live better. Fresenius Kidney Care is donating $150,000 to FIMC to expand access to medically tailored meals (MTMs) through the FIMC Accelerator Program and to support the development of an accreditation program to ensure fidelity to the quality standards of the FIMC medically tailored meal model.

Key Points: 
  • Fresenius Kidney Care is donating $150,000 to FIMC to expand access to medically tailored meals (MTMs) through the FIMC Accelerator Program and to support the development of an accreditation program to ensure fidelity to the quality standards of the FIMC medically tailored meal model.
  • March is National Kidney Month, when kidney health advocates such as Fresenius Kidney Care raise awareness about the prevalence of chronic kidney disease (CKD).
  • "We're committed to helping patients living with CKD approach their care holistically, and providing medically tailored meals can help improve their outcomes."
  • With support from Fresenius Kidney Care, FIMC is poised to further drive broader access to medically tailored meals across the country by leveraging this widespread momentum for "food is medicine" interventions.

New Study Published in JAMA Network Open Models The Significant National Healthcare Cost Savings of the Medically Tailored Meal Model

Retrieved on: 
Monday, October 17, 2022

This groundbreaking and thoughtful analysis by Kurt Hager and colleagues considers FIMC's years of innovation at the nexus of healthcare and nutrition.

Key Points: 
  • This groundbreaking and thoughtful analysis by Kurt Hager and colleagues considers FIMC's years of innovation at the nexus of healthcare and nutrition.
  • Over 35 years ago, FIMC agencies created the medically tailored meal intervention and now maintain nationwide nutrition and quality standards .
  • Medically tailored meals are one of the least expensive and most effective ways to improve our healthcare system in an equitable way.
  • The Food is Medicine Coalition (FIMC) is a national coalition of nonprofits providing medically tailored nutrition services to people across the country experiencing severe and chronic illnesses.

The DaVita Giving Foundation Provides $1.4 Million Grant Toward Addressing Food Insecurity

Retrieved on: 
Monday, October 10, 2022

DENVER, Oct. 10, 2022 /PRNewswire/ -- The DaVita Giving Foundation, a private charitable organization created by DaVita Inc., today announced a $1.4 million grant to the Food Is Medicine Coalition (FIMC), a national association of 25 nonprofit organizations across the country focused on addressing the dual crises of illness and hunger.

Key Points: 
  • Food insecurity affects 10% of the countryand nearly one third of low-income families.1The DaVita Giving Foundation shares the coalition's goal to help promote better health outcomes by making food and nutrition central to health care.
  • "DaVita has long been a community-driven organization committed to supporting causes that uplift those we serve," says Javier Rodriguez, CEO for DaVita.
  • In selecting grant recipients, the DaVita Giving Foundation seeks to address pressing social determinants of health facing kidney patients, including access to transplantation resources, provision of transportation services and alleviation of food insecurity.
  • In addition to its grant program, the DaVita Giving Foundation funds DaVita's Dollars for Doers program.

Largest Study of Medically Tailored Meals Advances with NIH Grant

Retrieved on: 
Monday, October 3, 2022

BOSTON, Oct. 3, 2022 /PRNewswire/ -- Community Servings today announced that its scientific collaboration with the Friedman School of Nutrition Science and Policy at Tufts University and UMass Chan Medical School has received a $2 million grant from the National Institutes of Health to support a study of home-delivered medically tailored meals – an intervention already growing in use to improve health outcomes and lower medical costs for people living with critical and chronic illness.

Key Points: 
  • This study will help providers, payers and policymakers better understand the impact of medically tailored meals.
  • This is the third NIH grant awarded for medically tailored meal intervention studies on which Community Servings has collaborated with researchers.
  • This 30-month collaboration will examine the experiences of more patients than any previous study of medically tailored meals (MTM).
  • Our kitchen team, with support from thousands of volunteers, prepares over 1,000,000 medically tailored meals that are served to more than 5,000 clients annually.

MetroPlusHealth Launches In-Lieu-of Services Medically Tailored Meals Pilot Program

Retrieved on: 
Tuesday, July 12, 2022

NEW YORK, July 12, 2022 /PRNewswire/ -- One in three chronically ill patients are hospitalized due to malnourishment, resulting in a lower quality of life and higher health care costs than properly nourished patients. On July 1, 2022, MetroPlusHealth, New York City's high-quality and affordable health plan, introduced its In-Lieu-of Services Medically Tailored Meals (ILS-MTM) pilot program. The no-cost program is open to eligible members who are 18 years of age or older, on Medicaid (including Partnership in Care and Health and Recovery Plan), living with cancer, diabetes, heart failure, or HIV/AIDS, and have had a certain number of inpatient hospital stays and/or emergency room visits within the last 12 months related to these conditions. It is also available to members who are currently receiving personal care services and wish to receive medically tailored meals (MTMs).

Key Points: 
  • On July 1, 2022, MetroPlusHealth ,New York City's high-quality and affordable health plan,introduced its In-Lieu-of Services Medically Tailored Meals (ILS-MTM) pilot program.
  • It is also available to members who are currently receiving personal care services and wish to receive medically tailored meals (MTMs).
  • These meals are tailored to the member's specific health needs and can help them access nutritious meals.
  • For more information about MetroPlusHealth plans, benefits, and services, visit www.metroplus.org and join the conversation at facebook.com/metroplushealth and Twitter @metroplushealth.

FIMC Recommends Priorities ahead of 2022 White House Conference on Hunger, Nutrition and Health

Retrieved on: 
Thursday, May 26, 2022

Thanks to the leadership of the Biden-Harris administration and bipartisan congressional champions, this new White House Conference has expansive goals.

Key Points: 
  • Thanks to the leadership of the Biden-Harris administration and bipartisan congressional champions, this new White House Conference has expansive goals.
  • The COVID-19 pandemic has highlighted persistent challenges and inequities in access to healthy food and healthcare, and uneven health outcomes across our society.
  • The mission is clear: reimagining our nation's food system to end hunger, improve nutrition, and reduce diet-related chronic diseases.
  • We hope that the White House Conference can be a catalyst to expanding this important work.