Rush University System for Health’s (RUSH) Impact Investing Fund (“the Fund”) is explored in a new case study. The case study covers the Fund’s inception and design, strategies employed, and key stakeholders involved. In addition, it examines Rush’s partnerships with other local anchor institutions through West Side United (WSU) on place-based investing projects. Finally, it […]
Continue ReadingPlace-based Investing
Intermountain Healthcare Local Impact Investing
Intermountain Healthcare’s local impact investing work is explored in a new case study. The case study covers the program’s inception and design, strategies employed, and key stakeholders involved. It also explores one of the program’s early initiatives, the Utah Housing Preservation Fund.
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 ReadingPlace-Based Investing: Creating Sustainable Returns and Strong Communities
The infographic below provides a quick overview of how place-based investing can create sustainable returns and strong communities.
Continue ReadingCan Hospitals Heal America’s Communities?
Healthcare’s role in creating healthy communities through increasing access to quality care, research, and grantmaking is being complemented by a higher impact approach; hospitals and integrated health systems are increasingly stepping outside of their walls to address the social, economic, and environmental conditions that contribute to poor health outcomes, shortened lives, and higher costs in the first place. Can hospitals and health systems heal America’s communities?
Continue ReadingEmbracing an Anchor Mission
Written by Randy Oostra, CEO of ProMedica, with the support of David Zuckerman and Katie Parker from The Democracy Collaborative, this report offers an in-depth look at how ProMedica—a member of the Healthcare Anchor Network —aligned its institutional operations and clinical practice to better tackle the social determinants of health. From an innovative hospital-owned grocery store in a food desert to investments in preserving affordable housing, this playbook details the Toledo, Ohio-based health system’s decade-long journey to understand how their resources could be used for the wellbeing of the communities they serve.
Continue ReadingThe Anchor Mission Playbook
Written by Rush University Medical Center, with support from Chicago Anchors for a Strong Economy, the Civic Consulting Alliance, and The Democracy Collaborative, this playbook offers recommendations drawn from research carried out to help Rush University Medical Center align around its Anchor Mission. These findings are intended to help other hospitals and health systems accelerate their own efforts to drive institutional alignment with community needs.
Continue ReadingPlace-based Investing Toolkit
This toolkit outlines place-based investing strategies that allow health systems to earn a financial return on their investments while producing a positive social, economic, or environmental impact within their geographical service areas.
Continue ReadingAnchor Collaboratives: Building bridges with place-based partnerships and anchor institutions
Healthcare Anchor Network’s director of communication and policy Bich Ha Pham co-authored the report Anchor Collaboratives: Building Bridges with Place-Based Partnerships and Anchor Institutions, which discusses the role of anchor institutions and collaboratives in leveraging the power of their economic assets to address social and economic disparities and to revitalize local communities. The report focuses on the work […]
Continue Reading