ProMedica’s Place-based Investing 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 Investing Commitment in 2019, in which signatories pledge to allocate at least 1% or $50 million (whichever is less) of long-term reserves for impact investments that provide a modest financial return and high social impact in the low- and moderate-income communities they serve.
