Partnering with finance: a successful model for collaboration.
Faced with growing community health care needs and decreasing hospital operating surpluses, Banner Health turned to its foundation to "fill the gap" and support several new capital projects by increasing fundraising goals to unprecedented levels. In order to achieve these objectives, philanthropy is being integrated into the hospital system's strategic financial planning process as a recognized revenue source. This evolution has required a new model of collaboration between the hospital's finance and philanthropic organizations, and the development of a common language for more effective and accurate performance measurement.
Buehrle
Jeff
J
Banner Health Foundation, USA,
Gordon
Barbara
B
D001130:Arizona; D002202:Capital Financing; D003299:Cooperative Behavior; D005653:Fund Raising / Q000458:organization & administration*; D019982:Organizational Case Studies; D009939:Organizations, Nonprofit / Q000191:economics*; D014481:United States