The national campaign marks the first time that a number of large health systems—such as RWJBarnabas Health in New Jersey, UMass Memorial Health Care in Massachusetts, Advocate Aurora Health in Wisconsin, and Intermountain Healthcare in Utah—have collectively pledged to make such impact investments. Kaiser Permanente plans to make one of the largest, at $200 million, to help […]
Continue ReadingPlace-based Investing
Why hospitals want to invest in affordable housing
“We’re trying to think about this as a strategy,” says David Zuckerman, director of the Healthcare Anchor Network. “It isn’t a one-time check to the community. This should be one of the ways health systems go back to improving health and well-being for the entire community.” Read the full article at Curbed
Continue ReadingLocal Coverage of the Place-based Investment Commitment
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, […]
Continue Reading14 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 Reading