1 approach philanthropy as risk capital CRH Innovaon Center - - PDF document

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1 approach philanthropy as risk capital CRH Innovaon Center - - PDF document

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FUNDING THE FUTURE INTERSECTING PHILANTHROPY & INNOVATION 1 approach philanthropy as risk capital CRH Innovaon Center Project Porolio 2012-14 V 7 7 12 a 4 5 9 Care

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FUNDING THE FUTURE

INTERSECTING PHILANTHROPY & INNOVATION

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approach philanthropy as risk capital

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CRH ¡Innovaon ¡Center ¡Project ¡ Porolio ¡2012-­‑14 ¡

2012 ¡ 2013 ¡ 2014 ¡ V a l u e ¡ ¡ ¡ ¡ ¡ Process ¡Opmizaon ¡ Service ¡Extension ¡ Care ¡Delivery ¡Redesign ¡ 9 ¡ Financial ¡Investment ¡– ¡size ¡of ¡bubble ¡

$25K-­‑$1M ¡ >$1M ¡

3 ¡ 5 ¡

1 ¡ Cerner ¡go-­‑live ¡and ¡post-­‑implementaon ¡projects ¡ 2 ¡ Adolescent ¡chronic ¡care ¡self ¡management ¡project ¡with ¡BCSC ¡ 3 ¡ Process ¡Excellence ¡projects ¡(standardizaon) ¡ 4 ¡ Diabetes ¡Coaching ¡Demonstraon ¡Project/Medical ¡Home ¡ 5 ¡ Readmissions ¡reducon ¡project ¡ 6 ¡ CRH ¡Business ¡Development ¡Projects ¡ 7 ¡ Define ¡and ¡Design ¡Connecon ¡Center ¡with ¡IDEO ¡ 8 ¡ Paent ¡Experience ¡Redesign ¡ 9 ¡ Cummins ¡employee ¡health ¡redesign ¡

10 ¡

Paent ¡Portal ¡Development ¡

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TransforMED ¡Medical ¡Neighborhood ¡

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4 ¡

2 6 ¡ Source ¡of ¡Funds ¡– ¡color ¡of ¡bubble ¡

CRH ¡ CRHF ¡ Other ¡ <$25K ¡

7 8 ¡ 10 ¡ 12 ¡

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7 ¡

Intermountain Healthcare Transformation Lab

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develop bold, transforming innovations

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bring impact alive and create delight

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A typical charity loses 50% of its annual donors between the first and second contribution Over a year, for every 100 donors recruited, organizations lost 107 A 10% improvement in donor retention yields a 200% increase in lifetime value

Flandez, Raymund. Nonprofits lost $100 in gifts for every $100 raised. The Chronicle of Philanthropy. October 15, 2012.

Among high net worth donors, the second highest motivation for giving is to make an immediate difference in the world. Less than 20% feel their donations make a major impact on the organizations they support

Bank of America Survey, 2009

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explore opportunities for hybrid philanthropic approaches

In Fresno 1 in 5 children has asthma 16,000 children between age 2 and 19 in hospital ED in past year $28 M in medical costs, $35M total

Fresno, CA

Health Impact Bond

Anderson, B. “Fresno is Site of First-Ever Health Care Bond Project”, Fresno Bee, November 20, 2013

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Demonstration involves 200 children, mostly low-income Care innovation will cost $300-400/child Vacuum with high-efficiency filter, hypoallergenic pillow cases, deep carpet cleaning, asthma educators, machine to measure indoor humidity

Fresno, CA

Health Impact Bond

Anderson, B. “Fresno is Site of First-Ever Health Care Bond Project”, Fresno Bee, November 20, 2013

California Endowment putting up $600,000 Partnering with Collective Health & Social Finance Demonstrate reduced ED use and lower hospitalizations If succeeds expand 2000 children

Fresno, CA

Health Impact Bond

Anderson, B. “Fresno is Site of First-Ever Health Care Bond Project”, Fresno Bee, November 20, 2013

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create intrigue around innovation and generosity in the healthcare experience

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integrate all resources, including generosity of time

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Patients at Children’s National Medical Center in Washington DC are asked if they have adequate heat, food, shelter—physicians prescribe these resources and make referrals to Health Leads just like any other medical specialty

HEALTH LEADS

BALTIMORE, BOSTON, CHICAGO, NEW YORK, WASHINGTON DC, PROVIDENCE

Demonstrates a “purpose-driven neighborhood” Relies on the fabric of community rather than social services While just 30% of foster children across the country graduate from high school, 100% of children from Hope Meadows graduate

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HOPE MEADOWS

RANTOUL, IL

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¡ ¡ ¡ ¡

Creating a “community of resilience” Intentional community for wounded warriors with traumatic brain injury Retired military and civilian volunteers commit to provide support six hours a week

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BASTION

NEW ORLEANS, LA

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Create teams integrating people who give their time to enhance the patient and family experience—art reflecting the patient’s journey, music, poetry, storytelling, massage, cosmetology, healing teas, biofeedback game, ceremony (blessing, inviting, releasing), blanket created with healing intention, etc.

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for more information:

Leanne Kaiser Carlson www.kaiser.net