Place-based Investment: The Healthcare Anchor Network defines Place-based investing (PBI) as an impact investment approach that targets positive social, economic, and environmental impacts in specific communities and geographies of need (i.e., underfunded and/or underserved populations), while achieving a modest financial return (i.e., one that is less than market rate for that asset class). The purpose […]
Continue ReadingPlace-based Investing Overview
Overview of place-based investing with case studies, key strategies, and tips for getting started.
Continue ReadingImpact Purchasing Overview
Overview on impact purchasing with case studies, key strategies, and tips for getting started.
Continue ReadingImpact Workforce Overview
Overview on Impact Workforce with case studies, key strategies, and tips for getting started.
Continue ReadingEnsuring policies positively impact health equity
Healthcare Anchor Network (HAN) member Rush University System for Health greeted the Democratic National Convention (DNC) to Chicago with a large banner on its hospital that read, “Who gets the chance to be healthy?” to raise awareness that policies at both the local and federal levels impact population health. Rush also penned a Chicago Sun Times op-ed on this topic, […]
Continue ReadingHousing is key to thriving
HAN and HAN member Kaiser Permanente’s Housing for Health Fund were cited as healthcare sector institutions that are helping to create housing programs through place-based investing and partnerships. Kaiser Permanente has invested $50 million into the fund since it was created in 2019, which has resulted in the preservation of more than 1,200 housing units. From the Modern […]
Continue ReadingLeveraging philanthropy for the anchor mission
Across the country, Healthcare Anchor Network (HAN) members are shifting their resources for community giving to align with their anchor mission strategies and support community wealth building. This edition of our newsletter highlights examples of HAN members going upstream with their community giving to better address root cause issues and strengthen their neighborhoods. HAN is curious […]
Continue ReadingDeploying grants & support for inclusive economic development
Kaiser Permanente: Since 2020, LISC and its affiliate Broadstreet have deployed $23.5 million in grants and support from Kaiser Permanente and leveraged an additional $48.9 million in funding. These funds have advanced inclusive economic development activities in more than a dozen cities such as access to good jobs, wealth building, and supporting locally-owned businesses. Examples […]
Continue ReadingSupporting local, diverse & employee-owned food businesses with grants & loans
HAN members Boston Children’s Hospital and Boston Medical Center provided a combination of low-interest loans and grants totaling $1 million to City Fresh Foods to buy and renovate an 18,000 sq. ft. building in Boston’s Roxbury neighborhood in order to expand its operational capacity. The company is the only minority- and employee-owned, and minority-led food service company in Massachusetts. From […]
Continue ReadingEssential funding for pressing community issues
HAN member Sentara Health is the founding partner of the Local Initiatives Support Corporation’s (LISC) Hampton Roads chapter. In 2019, Sentara contributed $10 million to launch LISC Hampton Roads, which provides essential funding to address pressing issues such as access to quality affordable housing and financial stability for families. Its programs are driving health and wellness in […]
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