DateTue, Oct 15, 2019, 12:00 PM
Financing Community Health: Unlocking Investments to Address SDOH
October 15 | 12:00 PM CDT
Grants are magic. They can pay for all kinds of things that improve community health and well-being—salaries for community health workers, groceries for a food pantry, transit passes to access medical care, and housing vouchers. But once that money is spent, it’s gone. A limited supply of grants can’t support the scale of transformation required to provide healthy environments for everyone. Our financial system has an abundant supply of a different kind of money: investment capital. Thoughtful use of grants can pave the way for much larger amounts of investment capital to flow. When a community benefit grant pays for a demand study to attract a grocery store operator or a community engagement process to prioritize potential uses of publicly owned land, it lays the groundwork for transformative, permanent change.
In this webinar, the Center for Community Investment will share the basics about capital investment and how hospitals and health systems can leverage their existing resources for greater impact on health in their communities. It highlights CCI’s current initiative—Accelerating Investments for Healthy Communities—that is designed to help participating hospitals and health systems deepen their community investment strategy through affordable housing, and advance policies and practices that foster equitable housing solutions.
- Robin Hacke, Executive Director, Center for Community Investment
- Hospital Speaker: TBD
- Learn the basic finance terms and concepts you need to bring partners to the table to maximize community impact
- Hear how hospitals can utilize their assets to unlock health-promoting investment in their communities