
In 2016, Rush University System for Health, an academic health system in Chicago, adopted an anchor strategy to tackle the 16-year life-expectancy gap between Chicago’s West Side and the Loop. An anchor strategy is a place-based business approach to building community health and wealth by means of local hiring, investing, purchasing, and community engagement. The concept was first articulated by the Aspen Institute in 2001 with a focus on the community-building potential of universities but has recently gained momentum in health care. Among the largest property owners, employers, and purchasers in their regions, anchor health and educational institutions can stimulate local economic growth using their everyday business practices.
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