A new Harvard T.H. Chan School of Public Health case study, Navigating Change: Sustaining the Anchor Mission Amidst Leadership Transition at UMass Memorial Health, details HAN member UMass Memorial Health’s accomplishments over the first five years of anchor mission implementation. The groundbreaking initiative focused on leveraging UMMH’s economic power to improve community health and well-being through local sourcing, local hiring, and investing in […]
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Investing to preserve affordable housing
Thanks in part to three HAN members, Boston Children’s Hospital, Boston Medical Center, and Mass General Brigham, along with the Boston Foundation and other institutions, the Boston Acquisition Fund (BAF) was launched to provide $25 million for a revolving loan fund. The fund will provide low-interest loans to mission-driven developers to purchase occupied multi-family housing in the city of Boston to protect […]
Continue ReadingReimagining the future with the community
HAN member Advocate Health organized 20 listening sessions to develop a bold new vision to provide $1 billion to reimagine a healthier future for the South Side of Chicago. The health system will allocate $25 million for workforce development and hiring more than 1,000 new teammates within the next three years. There will also be additional training […]
Continue ReadingThe Anchor Mission Framework and the Evolving Political Landscape
The anchor mission is a place-based ethos and intentional values-driven approach to leveraging the assets of health systems and other mission-driven, large employers, to strengthen their local economies and improve economic mobility for low-income individuals and families. This collaborative common-sense strategy, which could include multiple anchors working together to scale impact, fosters resilience and delivers […]
Continue ReadingInsights from Experts in the Field of Community Investing
In 2021, Healthcare Anchor Network president and founder David Zuckerman appeared on an American Hospital Association panel, “Insights from Experts in the Field of Community Investing,” alongside Robin Hacke, executive director and co-founder, Center for Community Investment; and Doug Jutte, executive director, Build Healthy Places Network. These leaders discussed and shared examples of how hospitals […]
Continue ReadingGood health starts with a good job
HAN members SSM Health and BJC HealthCare recently broke ground on St. Louis Healthcare Support Services, a new regional laundry facility in the Soulard neighborhood. The facility will process 35 million pounds of linens for the health systems each year, using a newly refurbished warehouse owned by BJC HealthCare. In addition to providing essential services, the facility will stimulate economic […]
Continue ReadingPlace-based Investing Overview
Overview of place-based investing with case studies, key strategies, and tips for getting started.
Continue ReadingImproving economic vitality & community health
Healthcare Anchor Network (HAN) member Rush University System for Health tells the powerful story of how it implemented the anchor mission to support employment, economic security, and health. By investing in Chicago’s West Side, the health system helps ensure that community members can work and play in the healthiest environment possible. See also: Urbanize Chicago article on how Rush and West Side United are […]
Continue ReadingExpanding Place-based Investment Cohort (EPIC)
Congratulations to the three HAN members, Kaiser Permanente (Hawai’i), Memorial Hermann Health System, and SSM Health who completed the Expanding Place-based Investing Cohort (EPIC), co-led by HAN and the Center for Community Investment. EPIC teams worked together over 18 months to understand community investment needs and frameworks, develop impactful community partnerships, and build a place-based investing strategy that advances positive community […]
Continue ReadingUsing anchor economic power to promote local economies
HAN member Dartmouth Health participated in a webinar on how place-based investing can support affordable housing and workforce development. The health system has provided $5 million of investment in the New Hampshire Community Loan Fund to support affordable and safe housing, including for Resident Owned Communities (ROCs). From the webinar: I first got involved with impact investing through my […]
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