A new collaboration was announced between Healthcare Anchor Network member RWJBarnabas Health, Pennrose, LLC, the City of Newark, and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) under the agency’s Hospital Partnership Subsidy Program. The program views housing as key to maintaining good health and looks to the role of hospitals as anchor institutions in the community to partner with. Under the program, NJHMFA will match funding contributions from RWJBarnabas Health to develop 65-70 affordable rental apartments in Newark’s South Ward for low- and moderate-income families and for special needs residents.
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Anchor Mission Communications Toolkit
Hospitals and health systems and other anchor institutions from across the country are adopting an “anchor mission” to tackle the underlying economic and social determinants of community health outcomes and community well being. But how can both the what and the why of this new transformative approach be effectively communicated, inside and outside your institution?
Continue ReadingKaiser Permanente pledges $25 million to California Access to Housing and Services Fund
Kaiser Permanente, a member of the Healthcare Anchor Network, is further responding to the California affordable housing crises by committing an additional $25 million to California Governor Gavin Newsom’s Access to Housing and Services Fund. The health system has already pledged $200 million in impact investments to support community health, particularly on affordable housing.
Continue ReadingHenry Ford Health System Cardinal Health Distribution Center Case Study
Cardinal committed to moving its warehouse operations from a location outside of Detroit into the neighborhood adjacent to Henry Ford Hospital. Distribution Warehouse represents a $30 million investment. Four local entities joined to build the warehouse resulting in the fruition of this place-based anchor mission project: Henry Ford Health System, Detroit Medical Center, Cardinal Health […]
Continue ReadingAnchor Mission strategies of HAN health system leaders spotlighted in Modern Healthcare series
Modern Healthcare ran a series highlighting how Healthcare Anchor Network (HAN) members have been stepping up efforts to reduce socio-economic, racial, and ethnic disparities in their communities and to build community wealth. The HAN members covered in the series include AMITA Health, Cleveland Clinic, Kaiser Permanente, Lurie Children’s Hospital of Chicago, Rush University Medical Center, The MetroHealth System, and University Hospitals.
Continue ReadingPlace-based Investing Overview
One-pager on place-based investing with case studies, key strategies, and tips for getting started.
Continue ReadingHealth Collaborative Invests Millions in Dire Communities
In addition to providing quality healthcare, these hospitals and health systems are investing in safe and affordable housing, equitable economic development, small and diverse business development, and other strategies for addressing the social determinants of health. They are also rethinking how to align, leverage, and deploy their human resources and power to create a local economic eco-system […]
Continue ReadingNew Resource: The Health Sector and the Healthcare Anchor Network Employer Maps
These maps were created to show the central role of hospitals and health systems as significant employers in their local economies. The maps show that Healthcare Anchor Network (HAN) members as well as other hospitals and health systems are some of the largest employers in their states and regions. HAN members alone, with 45 health systems represented in the Network, employ more than 1.5 million people. They also purchase over $50 billion annually and have over $100 billion in investment assets. Overall, the healthcare sector has enormous economic power and is responsible for producing 18% of GDP.
Continue ReadingMetroHealth is Building the Local Economy by Supporting Young People
HAN member MetroHealth created the country’s first high school in a hospital, Lincoln-West School of Science and Health, three years ago in Cleveland. In addition to offering regular high school courses, students learn about the health care sector and how to become nurses and doctors. The students come from low income families, and one third of them speak English as a second language.
Continue ReadingHAN Members are Investing in Communities and the Future Generation
Bon Secours Mercy Health was one of 14 Healthcare Anchor Network (HAN) members that announced commitments of over $700 million in impact investing in November 2019. This Reuters article covers the health system’s investment partnership with Maggie Walker Community Land Trust to build permanently affordable homes in Richmond, Virginia—and the lives this investment has impacted.
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