Fourteen hospitals and health systems, including RWJBarnabas Health, announced on Wednesday a commitment of over $700 million for place-based investing to create strong and healthy communities. These institutions include national and regional health systems and some of the largest private-sector employers in their states and regions.
“At RWJBarnabas Health, our mission is to create healthier communities,” said Barry Ostrowsky, president and CEO of RWJBarnabas Health.
“As an anchor institution, we have a moral obligation to address the social and economic inequalities that plague our neighbors, particularly those who are most vulnerable,” said Ostrowsky. “We have incorporated intentional hiring practices, purchasing and place-based investment to spur growth and stimulate local economies. Collaborations with incredible organizations such as the Healthcare Anchor Network and its national partners enable us to collectively improve health outcomes, promote health equity, and eliminate health care disparities for people in the communities we serve and beyond.”