Gartner’s Healthcare Supply Chain Top 25 is adding an environmental, social and governance (ESG) quantitative metric to its ranking for the first time. The new ESG metric will be based upon Healthcare Anchor Network membership, participation, and active engagement. The metric will be weighted at 5% of the valuation for each health system. From the Gartner […]
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Transforming business ownership to build community wealth
HAN member Kaiser Permanente is partnering with Project Equity and Obran Cooperative to educate Kaiser’s supply chain vendors about, and support their transitioning to, an employee ownership model. Hawaii-based Courier Corporation, a transportation and delivery company with 153 employees, is the first company making the switch. This project represents an important innovation in how health systems can leverage their influence through their […]
Continue ReadingPartnering with suppliers to create family-supporting jobs
HAN member Intermountain Healthcare and BD (Becton, Dickinson and Company), a leading global medical technology company, announced a collaboration on a new program to help create jobs in Salt Lake City that provide a living wage, retirement options, comprehensive health benefits, and career development. This collaboration between Intermountain and BD stems from HAN’s Impact Purchasing Commitment, as Intermountain […]
Continue ReadingHAN welcomes a new member to the Network!
HAN is very happy to have AtlantiCare join us! AtlantiCare is an integrated healthcare system based in Egg Harbor Township, New Jersey, whose more than 6,000 staff, providers and volunteers serve the community in more than 100 locations in Atlantic, Burlington, Camden, Cape May and Ocean counties of southern New Jersey.
Continue ReadingPolicy advocacy on the structural determinants of health
HAN held a successful Policy Day on April 27th focusing on federal affordable housing programs: low-income housing tax credit (LIHTC), HOME program, and housing vouchers, as well as workforce development programs: Health Profession Opportunity Grant (HPOG) and JOBS Act. We were thrilled to have 51 HAN health systems participate in the briefing, which represents 800 hospitals […]
Continue ReadingHealth anchors ending chronic homelessness
HAN members CommonSpirit Health, Kaiser Permanente, Providence, Trinity Health, and UC Davis Health along with Sutter Health are participating in a three-year pilot to test how best to address the health risks that are connected to homelessness. The article details Kaiser Permanente’s and CommonSpirit Health’s strategies in this area. From the article: Two of the founding members of the network, Kaiser […]
Continue ReadingImpact investing: forward thinking that impacts the bottom line
HAN member UMass Memorial Health’s (UMMH) forward-thinking utilization of impact investing is spotlighted in an article focusing on how health systems are having to address upstream determinants of health because of the direct impact on hospital financial performance. UMMHC has pledged 1% ($4 million) of its unrestricted cash portfolio towards impact investing, as a signatory of the HAN Place-based Investing […]
Continue ReadingLeaning in on the anchor role to proactively address disparities
HAN member Intermountain Healthcare’s Nick Fritz, impact investing director, co-authored a commentary pointing out that all anchor institutions have a role to play in addressing the economic disparities that cause a wide range of hardships for lower-income families. The health system and Zions Bank are working on statewide initiatives to address inequality and expand opportunity including the creation […]
Continue ReadingInvesting in economic security and health
HAN member Kaiser Permanente’s Bechara Choucair, M.D. senior vice president and chief health officer, highlights that many individuals are suffering economic insecurity from the impacts of the pandemic, inflation, and long-standing income and wealth inequities. Dr. Choucair stresses that financial insecurity is the next great health crisis and that health systems that adopt the anchor mission are taking action […]
Continue ReadingAdvocate Aurora Health to distribute $1 million in loans to local businesses
HAN member Advocate Aurora Health is partnering with the Wisconsin Women’s Business Initiative Corporation (WWBIC) to provide $1 million in loans to Milwaukee small businesses in need of support. From the video: This stemmed from Advocate Aurora Health’s $50 million commitment to addressing social determinants of health as part of the Healthcare Anchor Network, which includes dozens […]
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