Category: Charity, Philanthropy, Nonprofits
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How Inova Hopes to Reinvent Health Care
Published this morning in the Richmond Times-Dispatch. As Republicans and Democrats brace for a battle royal over Obamacare and what might replace it, they would do well to pay heed to an important experiment south of the Potomac. In Congress the debate centers on who pays for health care and how costs can be shifted…
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Bikes, Bees, Beauty
by James A. Bacon New York City has its High Line park built upon an abandoned, elevated freight rail line. The City of Richmond has its Low Line park, built underneath CSX Corp. railroad trestles. In the seven years since opening to great fanfare, Manhattan’s High Line has attracted millions of visitors and inspired the construction of nearly…
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Another $100 Million for Venture Capital? Who Is Accountable at Inova?
by James A. Bacon In February Inova Health System announced its intention to create a $100 million venture fund dedicated to precision medicine, an initiative timed to coincide with an Obama administration event highlighting the nascent science, and designed to support Inova’s own $300 million plan for a center for personalized health just outside Tysons Corner.…
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The Small Business Route out of Poverty
by James A. Bacon UnBoundRVA is my kind of anti-poverty initiative! The organization identifies people in low-income neighborhoods who have the potential to succeed as small business owners, and then provides them a year of training, advice and networking support as they develop a business plan. Once the business models are in place, each hopeful business owner makes…
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Geography, Charity and Competitive Advantage
by James A. Bacon I had always thought that Virginians were more charitably inclined on average than other Americans, but apparently that’s not the case. Data published in Old Dominion University’s “State of the Region: Hampton Roads 2015” report indicate that Virginians give a considerably smaller percentage of their income to charity (presumably as measured…