Many of the initial signatories of the Place-based Investment Commitment received local news coverage of these systems’ commitment to redirecting a portion of their investable assets toward impact investments that are place-based and address community conditions that create racial, economic and environmental disparities. “Advocate Aurora Health to invest $50 million in underserved communities in Illinois, […]
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14 Hospital Systems to Collaborate in Addressing Social Determinants of Health
“It’s the first time that systems have acknowledged that this strategy of impact investment should be part of their overall strategy for improving health and well-being in their communities,” Zuckerman said. Read the full article at Nonprofit Quarterly
Continue Reading14 health systems to invest $700 million in community health initiative
Fourteen hospitals and health systems today pledged to commit more than $700 million to address social determinants of health needs in their communities as part of the Healthcare Anchor Network, which works to address social, economic, environmental and behavior-related factors that impact community health outcomes. Read the full article at the American Hospital Association
Continue Reading14 healthcare systems invest $700M in community, reducing health disparities
The health systems are addressing social determinants of health since social, economic, environmental and behavior-related factors account for up to 80 percent of health outcomes. Funds will go towards safe and affordable housing, equitable economic development and small/diverse business development. Read the full article at Becker’s Hospital Review
Continue ReadingWhy a group of hospitals is investing in affordable housing
The 14 health systems, part of the healthcare anchor network (HAN), are often the largest employers in their communities, and are well-positioned to see where the needs are, according to HAN director Dave Zuckerman. In addition to affordable housing, the hospitals will invest in small business development and other areas to improve the local economy. […]
Continue ReadingHealth System Leaders Announce over $700 Million in Investments to Address Health, Housing & Economic Inequalities through Community Wealth Building
Washington, D.C., November 5, 2019 – Fourteen hospitals and health systems, including national health systems and regional systems, that are the largest private sector employers in California, Utah, and Wisconsin, along with others that are also among the top 20 largest employers in their states, announced a commitment of over $700 million for place-based investing to create strong and healthy communities.
Continue ReadingNew $700M investment in social determinants of health
“This is a big shift in the industry,” said David Zuckerman, Healthcare Anchor Network director. The network convenes health systems to share best practices on improving community health and is coordinating the new initiative. Read the full article on Politico
Continue ReadingCHRISTUS Health
CHRISTUS Health, headquartered in Dallas, Texas, serves Eastern Texas, Santa Fe in New Mexico, southwest Arkansas, Louisiana, and parts of Mexico, Chile, and Colombia, employing 45,000 people domestically and 15,000 people internationally.
Continue ReadingNew York Times highlights anchor mission strategies
A major feature online this week and in print this past Sunday in the New York Times highlights the work of the Democracy Collaborative to enlist healthcare anchor institutions—and their considerable institutional resources—as key drivers of community wealth building.
Continue ReadingPhilanthropy must be a key anchor partner
In an opinion piece in the Grantmakers In Health “News from the Field” newsletter, David Zuckerman and Bich Ha Pham make the case for funders to support expansion of anchor mission work as a strategic priority.
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