In signing the Healthcare Anchor Network’s (HAN) Place-based Investment Commitment, health systems commit to redirecting a portion of their investable assets toward impact investments that are place-based and address community conditions that create racial, economic and environmental disparities. The goal of these investments is to improve community health and well-being, particularly for those impacted by a legacy of divestment and discrimination.
Signatories are required to allocate at least 1% or $50 million (whichever is less) of long-term reserves or unrestricted investment fund or pool for place-based impact investments (pensions and other restricted assets are to be excluded from consideration). Moreover, signatories are required to deploy at least the minimum investment amount within five years of creating the allocation. Finally, signatories are required to collect and submit annual data to the Healthcare Anchor Network in order to track collective progress and impact, and to ensure accountability.
Place-based Investment Commitment Signatories
Place-based Investment Commitment Case Studies
ProMedica’s Place-based Investment Program
ProMedica’s Place-based Investment Program is explored in a new case study. As an anchor institution, ProMedica is committed to focusing on upstream health needs and improving the economic prosperity of the communities it serves. ProMedica was a co-founding member of the Healthcare Anchor Network (HAN) in 2017. It signed HAN’s Place-based Investment Commitment in 2019,…
Trinity Health’s Community Investment Program
Trinity Health’s Community Investment Program is explored in a new case study. The case study covers the program’s history, design and implementation. The purpose of the program is to support projects, or loan pools, that will reduce social and economic disparities that cause unequal health outcomes for minority and low-income communities. These focus areas include…
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Kaiser Permanente Thriving Communities Fund
Kaiser Permanente’s Thriving Communities Fund is explored in a new case study. The case study covers the program’s inception and design, strategies employed, partnerships, key stakeholders involved. It also explores several of the program’s projects, including the Housing for Health Fund and the SDS Supportive Housing Fund.
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CommonSpirit Health Community Investment Program
CommonSpirit Health’s Community Investment Program is explored in a new case study. The case study covers the program’s inception and design, strategies employed, and key stakeholders involved. It also discusses several of the program’s projects, including Stocktonians Taking Action to Neutralize Drugs (STAND), the Hill Country Community Clinic, and California FarmLink.