Director, Healthcare Anchor Network
Case Study: Henry Ford Health System (Detroit, MI)
Anchored by the 802-bed Henry Ford Hospital in Detroit, Henry Ford Health System has revenues of more than $4.2 billion, employs more than 10,000 people within the city and procures more than $650 million from its Detroit institutions. Henry Ford actively recognizes its position as an anchor institution, working with many partners to increase its impact in the community. Through a multi-institution partnership, Henry Ford has coordinated with Detroit Medical Center and Wayne State University to help revitalize Midtown Detroit by encouraging their employees to live, work, and invest in the same community. It has also helped found a local business incubator at Wayne State, set active goals to procure from local and diverse suppliers, and used its purchasing power to persuade suppliers to relocate to Detroit. Further still, Henry Ford has helped finance education partnerships for high-risk youth, is focused on acquiring and rehabilitating reclaimed properties, and has helped push local infrastructure improvements.