In Pursuit of Deeper Impact: Mobilizing Capital for Social Equity Authored by Katherine Pease and Sarah Thomas, this paper argues that conventional impact investment strategies do not have systemic impact, because they fail to incorporate an analysis of the root causes of inequality and still tend to prioritize the needs of investors over the needs […]
Continue ReadingAnchor Mission Adoption: Increasing Investments
New HAN member Memorial Hermann Health System, one of the largest employers and the largest healthcare provider in Greater Houston, announced a multi-million dollar place-based investment strategy focusing on housing instability, food insecurity, transportation, access to health care, income, and employment in neighborhoods in Southwest Houston and Greater Heights. From Newswise: “Each year, Memorial Hermann invests millions back into […]
Continue ReadingHAN Fall Convening an Opportunity to Learn From Peers
HAN’s fall convening was held in October and we discussed opportunities for anchors to partner with cities and states to form meaningful solutions to meet the needs of the Americans experiencing economic insecurity daily within the context of the evolution of the racial equity frame as a guiding principle. We also heard from HAN member CFOs […]
Continue ReadingThe Meaning of Anchor Mission
HAN member UMass Memorial Health’s Douglas Brown shares how the health system is leveraging economic power to address economic and racial inequities to improve community health, which included anchor mission goals being incorporated in its affiliation agreement with Harrington Hospital. From the article: The answer lies in the different conditions of life in these two neighborhoods. In one, a quarter […]
Continue ReadingGoing Solar to Improve the Environment & Health
HAN member Intermountain Healthcare announced a major step it is taking towards sustainability by joining a utility-scale solar project that will supply 20 percent of the health system’s total electricity needs for the next 20 years. Intermountain Healthcare includes sustainability as a fourth pillar of its anchor mission strategy. The health system was an early signatory to HAN’s Impact Purchasing […]
Continue ReadingAllegheny Health Network
HAN is excited to have Allegheny Health Network join us. The health system serves 29 Pennsylvania counties and portions of New York, Ohio, and West Virginia. AHN has 14 hospitals and approximately 19,000 employees and 2,000 volunteers.
Continue ReadingNemours Children’s Health
Nemours Children’s Health is one of the largest integrated pediatric health systems in the country with 95 locations in 4 states. The health system has 8,000 Nemours associates and cares for nearly half a million children annually.
Continue ReadingSupporting Workers with a $15 Minimum Wage Raise
HAN member Intermountain Healthcare, Utah’s largest private sector employer, is raising its minimum wage to $15 an hour, positively impacting 2,200 employees. Utah, where the health system is headquartered, has a current minimum wage of $7.25 an hour. The health system is also adjusting the pay for 12,800 employees in more than 250 jobs roles, with most […]
Continue ReadingFinancial Wellness for Employees and Community Members
HAN member Franciscan Missionaries of Our Lady Health System’s (FMOLHS) Our Lady of the Lake (OLOL) Regional Medical Center, along with Catholic Charities Diocese of Baton Rouge and MetroMorphosis, created The Faith Fund, a community-owned, financial institution micro-loan investment fund. FMOLHS saw that some of its staff were struggling financially and some became caught in a long-term cycle of debt […]
Continue ReadingMemorial Hermann Health System
HAN is excited to have Memorial Hermann Health System join the network. The institution is one of the largest not-for-profit health systems in Southeast Texas with 17 hospitals and 29,000 employees. Memorial Hermann Texas Medical Center in Houston was named a top 10 hospital for serving minority and low-income communities in the Lown Institute Hospital Index.
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