Core Insights - Elevance Health Foundation is launching its inaugural $5 million Patient Safety Prize aimed at enhancing patient safety and care quality [1] - The Prize will focus on improving health literacy, reducing medication errors, and preventing patient falls [1] - Applications for the Prize will open on December 9, 2025, inviting innovative solutions from changemakers [1] Summary by Categories Company Initiatives - Elevance Health Foundation is committed to advancing patient safety through the establishment of the Patient Safety Prize [1] - The initiative is part of the Community Action Leadership (CAL) program, emphasizing community engagement and leadership in health [1] Focus Areas - The Prize specifically targets three critical areas: health literacy, medication error reduction, and fall prevention among patients [1] - The goal is to develop transformational solutions that enhance safety and improve health outcomes for vulnerable populations [1]