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"If we cannot slay the healthcare 'beast,' millennials will have their future stolen from them."
So writes David Chase in a paper published last month in Relocalizing Health: The Future of Healthcare is Local.
Chase is the CEO of Rosen Hotels, which has spent more than $100 million in Orlando, Fla., to create RosenCare, a not-for-profit that provides health care for its employees and their families.
The idea is to keep as much of the money as possible in the local community, where it could be used to improve the health and well-being of residents.
"If these dollars were not extracted elsewhere, they could go to local health and well-being (defined as body, mind, and spirit), which have positive outcomes for better health of the children and adults living locally," the paper states.
The RosenCare model is based on Chase's own research, which found that 75% of the money spent on US health care goes to out-of-town corporations with corporate headquarters, as well as drug/pharmaceutical and health insurance plans with corporate headquarters in other states.
"The US spends over US $4 trillion per annum (approximately 18% of GDP) on its healthcare system," Chase writes.
"What is forcing innovation in US healthcare...
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
Foundation: Lancaster County Community Foundation
In 2024, Lancaster County, Pa., will celebrate the 100th anniversary of a group of "visionaries" who "came together to shape a better future for Lancaster County," says Sam Bressi, president and CEO...more
Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more
If you're looking for a good time while raising money for a good cause, try golf. The Salvation Army in Virginia Beach held its annual " Swings Fore Strings" fundraiser on Saturday, hoping to...more
"Many of us, at some point in time, have been told in our lives that we are unloveable. By our parents, partners, husbands, children, friends, or society," says transgender activist Zainab...more
Foundation: Community Foundation of Southern Indiana
"When you see the kids interacting and them building communitythat's what it is," says Camp Quality Kentuckiana executive director Eddie Bobbitt. "It's bigger than fishing and pie fights." The...more
Foundation: Community Giving Foundation
"There's one simple statement that we see a lotthat is 'be kind,'" said Kara Seesholtz, CEO of the Community Giving Foundation, after students from 15 school districts in central Pennsylvania handed...more
The Alzheimer's Association's Forget-Me-Not program has a new toy in its arsenal: fidget blankets. The Madison Hospital in Alabama has received a $2,500 grant from the Huntsville Hospital...more
Foundation: Hawaii Community Foundation
If you're in your 60s or older and looking for adult day care in Maui, you're in luck. The nonprofit Maui Adult Day Care Centers lost its West Maui Center in the Lahaina fire last August, but...more
If you're looking for a place to get buff and healthy, the YMCA in Corry, Pa., might be just the place for you. That's because two new employees there have joined the staff, the Times of...more
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
