We are thrilled to announce that the Healthcare Anchor Network (HAN) has become an independent 501(c)3 nonprofit organization.

Over the last five years, in partnership with our member hospitals and health systems, HAN has grown in scale and impact. Our network now includes over 65 members, ten staff, and multiple events and convenings a year. We have launched many collective initiatives and are defining leadership in the sector through our anchor mission commitments, including our place-based investment commitment and impact purchasing commitment. Member institutions represent more than 900 hospitals from nearly every state in the nation. Together, HAN members employ more than 2 million people, purchase over $75 billion annually and have over $150 billion in invested assets.

Anchor institutions adopting the anchor mission framework are a critical component of community wealth building (CWB), a much-needed solution to address the root causes of poverty and health inequities. CWB is a community-centered approach to local economic development that keeps wealth in the local economy and places control and benefits into the hands of community members.

We’re excited that our success as a network has enabled our spinoff from our backbone organization, The Democracy Collaborative, who we thank for their support over the years. As a new organization, HAN looks forward to deepening our network activities and sector impact to reach a critical mass of health systems adopting as an institutional priority improving community health and well-being by leveraging all their assets, including hiring, purchasing, and investment for equitable, local economic impact and to build community wealth.

Our HAN team and board of directors are thrilled about this progress and the opportunity to further grow and deepen our work. This year we are excited to convene our HAN members and policy advocates in Washington and hold an in-person HAN convening in Detroit.

We want to acknowledge CommonSpirit Health, Intermountain Healthcare, Kaiser Permanente, ProMedica, SSM Health, and Trinity Health for their generous support of the new organization. We would also like to acknowledge foundation support for HAN from the Kellogg Foundation, the Kresge Foundation, and the Robert Wood Johnson Foundation.

Learn more and keep track of our progress at healthcareanchor.network.