I had the pleasure of speaking with David Zuckerman, the president and founder of the Healthcare Anchor Network. Our conversation centered on how hospitals and health systems are using impact investments to improve communities.
David explained that one of the key aspects of the anchor mission framework is identifying where business needs align with community priorities and developing a strategy to address both simultaneously. He discussed various approaches, stages, and examples of impact investment and place-based investment, noting that these investments can provide financial returns while also making a social impact in the community.
David highlighted the importance of investing in areas such as housing, food access, transportation, and infrastructure in improving community health. Research has shown that factors like stable employment and housing have a significant impact on overall health. By investing in these areas, hospitals and health systems can improve the health and well-being of their communities without needing to divert discretionary funds away from clinical services.
I encourage you to check out this insightful conversation as part of the Chair File series, which highlights innovative ideas for healthcare leaders. Watch the episode to learn more about how hospitals and health systems can make a positive impact on their communities through impact investments.
