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🏥 Exciting news in healthcare as Summa Health plans a strategic move for a sustainable future! COO Benjamin Sutton explains how the proposed acquisition by HATCo is a step toward financial stability, expansion, and technological innovation. 🚀 Critics are voicing concerns, advocating for a non-profit approach, but Summa officials are considering the bigger picture for community healthcare. 🤝 A potential shift from philanthropy to a foundation focused on social health determinants is on the horizon. Join the conversation and explore what this means for Akron's healthcare landscape! #SummaHealth #HealthcareInnovation #CommunityCare #FutureOfHealthcare

🆘TRANSPLANT COMMUNITY🆘 THE ANATOMY OF A SMEAR Pieces of policy, the peculiar path from public to private in organ donation and distribution. Author: Science in Donation & Transplant United States Senate Federal Bureau of Investigation (FBI) Health Resources and Services Administration (HRSAgov), HHS Health Resources and Services Administration (HRSAgov), HHS

I saw this article over the weekend and sat on my thoughts for a bit. I didn’t want to be, whelp, a buzz kill. Truth serum? I am not super into “funding competitions.” I know, I know, I may be an outlier. 🙈 I understand the intention, I do! But it’s the methodology that irks me (the scoring rubric, the # judges, the application process and more). The only way we will stop fundraising like “shark tank” is if we stop treating philanthropy like it’s a reality TV show. Or a start up competition. “Solving society’s biggest problems is not easy, but we believe solutions are possible. 100&Change is our global competition for a proposal that promises real and measurable progress toward solving a critical social challenge. We will award a SINGLE $100 million grant to help make that solution a reality.” A single gift. Thousands of applicants. Survivor of the fittest? Something doesn’t feel exciting to me about this, something feels contrived…almost commercial. “We are excited to see where the next group of applicants will lead us and how they will bring about change in a lasting and meaningful way.” Maybe I woke up on the wrong side of the bed, ha! I personally want to see our profession move away from seeing our organizations as competition, and instead work toward shared aspirations for meaningful change. Imagine funding a coalition? Funding multiple orgs designed and determined to work together? Competitions like this may be well- intended, but it feels like a strategy for the wrong profession. And what’s more, many of us know that even the smallest grant making applications derail mission-critical work. Whose to say what this offering will do in the office? More on this as I sift further into its potential impacts (good, bad and in between). Ha! https://lnkd.in/gMyzSm6g https://lnkd.in/gKt4Z6_j

If approved by state regulators, the merger between Oregon Health & Science University and Legacy Health would among other things create a major new player in the region’s philanthropic ecosystem. In this op-ed in The Oregonian / OregonLive.com I share some thoughts on how this new health foundation could be structured to best advance #healthequity. What would you add to this list? #philanthropy https://lnkd.in/ghZCHbUy

‼️Kaiser closes Geisinger acquisition, launching Risant Health ‘Risant Health has completed its acquisition of Pennsylvania-based health system Geisinger, marking the official launch of the fledgling hospital operator formed by California nonprofit giant Kaiser Permanente. Geisinger is the first health system to join Risant, but it’s far from the last. Risant expects to acquire four to five additional health systems over the next half decade, with the goal of reaching total revenue of between $30 billion and $35 billion, Kaiser officials have said. As for Kaiser, Risant represents an opportunity for the nonprofit giant to expand its reach nationwide through targeted acquisitions of nonprofit community health systems. Kaiser, which has designated up to $5 billion to support Risant, currently operates in eight states and Washington, D.C. Kaiser and Geisinger did not share financial specifics of the deal. However, it’s structured as a member substitution — similar to a stock acquisition among for-profit entities — wherein Risant becomes the sole corporate owner of Geisinger and assumes its balance sheet, according to documents filed with Pennsylvania regulators.’ https://lnkd.in/gtNd8g5c.

The latest Giving USA report just came out and healthcare fundraising has remained relatively flat since 2021. At London Automation, this hits close to home. Due to rising costs for hospitals, we know what these numbers mean for healthcare organizations - budget cuts, staff reductions, and ultimately, fewer resources for vital work. We've already seen it at one of our local hospitals in Cleveland. But here's the thing - we're all about bucking this trend. We've been in your seat and we know what it's like to have to do more with less. It's what led us to create London Automation. Our responsibility to our hospital partners? To help you raise more money, more efficiently. We're aiming for quick (less than 16 weeks quick), positive ROI that not only saves jobs, but also saves lives through continued research and better care. So let's team up and make 2024 the year that giving increases for your team. #healthcaregiving #philanthropy #AIforgood #solutions https://lnkd.in/ee-mTBgH

Yes and no Jennifer! On the one hand, competition can be a really exciting catalyst in the marketplace of ideas. On the other hand, trust and investment are essential characteristics of intentional change through nonprofit ventures. We need both but, since competition often generates profile and success stories and can happen more frequently than trust and investment, we find far too many philanthropies taking the quick/easy/high profile tact. It takes patience and time and, perhaps, a different sort of staff person for philanthropy to build, support, and patiently sit to the side while experts in the nonprofit field innovate and apply new strategies to resolve long-standing and escalating issues.

Today we spotlight and celebrate one of the sponsors of the HFN Annual Conference 2024 — Bill & Melinda Gates Foundation The Bill & Melinda Gates Foundation (BMGF), established in 2000, stands as one of the preeminent American private foundations, headquartered in Seattle, Washington. The primary mission of the BMGF is to improve global health, eradicate extreme poverty, enhance educational opportunities, and expand access to information technology. This noble pursuit is underpinned by a commitment to addressing societal challenges that impede progress, with a focus on developing innovative solutions that can make a lasting impact. As of 2020, the BMGF stands as the second-largest charitable foundation globally, wielding substantial resources to fund initiatives and projects that directly contribute to the betterment of humanity. The foundation's reach extends across continents, with a particular emphasis on regions facing socio-economic challenges and health disparities. BMGF recognizes the limitations within the traditional paradigms of public and private sectors in addressing certain critical issues. It strategically positions itself to bridge gaps that exist in the delivery of essential services, often targeting problems that fall through the cracks of conventional approaches. The Bill & Melinda Gates Foundation stands as a beacon of philanthropy, embodying the transformative potential of strategic giving. With a commitment to innovation, collaboration, and measurable impact, BMGF continues to play a pivotal role in shaping a more equitable and healthier world for all. Njide Ndili Vivianne Ihekweazu Omokhudu Idogho Roche Abimbola Adebakin Chinyere Okorocha Felix Abrahams Obi Results for Development Jeremie Zoungrana #healthcare #health #hfnannualconference2024

I hope that I’ll be making new friends and contacts during a panel debate with Melchior Bussink, Teppo Heiskanen, and Griet Dobbeleare (University Leuven). We will be tackling the conference topic of bridging the gap from our own perspectives of our respective institutions. This is topic is close to my heart - it always has been but now more so than ever before. The so-called “broken” funding model for UK HEIs has been a hot topic at leadership and government level in recent months and this is, I believe, a pivotal moment in the world of UK HE advancement - although the interest of the press and media hasn’t always been helpful or accurate when it comes to explaining the funding model to the wider public. Regardless, now is the time to restate the case for why our institutions can only advance with the help, support and investment of our donors, partners and alumni who, together with other investors in research and innovation (inc. government, industry and of course our students themselves) can continue to help humanity, develop our economy and continue to ensure higher education is accessible to all that seek it. This new narrative on how access, research and our great UK higher education institutions are funded is emerging and the current context and turbulence is leading us to think differently about partnerships and collaboration. We know that philanthropy won’t fix the “broken model” and we do know that we have a warm and generous body of philanthropists, alumni and supporters in the UK who want to invest in access programmes and help advance our research. Our role, as advancement professionals, is to work even harder to continue to make investing in our institutions as easy, compelling and as fulfilling as we can for philanthropists - of every type and level. Universities are complex organisations -  and we’re not always the easiest to navigate - and, I believe that we need to get even better at communicating the extraordinary work of our academics and how their work transforms our world and humanity - and in telling the stories about the philanthropists who help make this happen. Communicating our causes, exciting and engaging our generous donors (and opening our doors to new supporters and ideas) is a number one priority. So too is ensuring we leverage these investments for the greatest impact. A key part of this is reassuring our supporters that our institutions are efficient and highly effective organisations, and worthy causes in which to invest.  I look forward to bridging that gap between philanthropists, the University of York and the higher education sector more broadly for years to come. Helping them to bridge the gap between their passion and where they want to make a difference in the world.  As a fundraiser, bridging the gap sometimes includes having to explain that we can’t deliver the impact our donors may wish to see. But most often, it’s about daring to dream big together.

Every private practice owner who is forced to close their business is a huge loss for them AND their community. Most schools don’t include any or very little education covering business topics. They can’t. Their curriculum is focused on medical and health education. If you’re in private practice — I am part of your mission, too. Every healthcare provider in private practice must have an understanding of market ing, practice management, sales, and everything else in addition to their clinical expertise. A sustainable, financially secure, professionally satisfying medical business supports not only the practice owner, but their community and family as well. I invite you to read my new book, Design Your Dream Practice for health and wellness practices + clinics https://a.co/d/5vaxC8f In the book I share the concept of a Precise Private Practice®️ ✅ Choose the PRECISE patient/client demographics you can treat the best. ✅ Choose the PRECISE clinical approach and interventions you believe are the best. ✅ Choose the PRECISE hours, days, appointment structure you believe serves you and your clients best. YOU CHOOSE. it’s not about discrimination. It’s about discernment. Operating a PPP will keep you in the game longer, avoiding burnout. A PPP will create a financially stable practice with higher profit margins. When you have a business provide profit, you take some of that and reinvested back in the community by donating cash, or volunteering services. It’s a triple win. 1) Win for the practice owner. 2) Win for the patient. 3) Win for the community. You can design and structure a private practice that lights you up AND gives back to your community. Together, we were even more brilliant. ~ Irene 💎