Fund for Innovation

THE FUND FOR INNOVATION IN HEALTHCARE LEADERSHIP

Frequently Asked Questions

1. What is the Fund for Innovation in Healthcare Leadership?
The Fund for Innovation in Healthcare Leadership is an initiative of the Foundation of the American College of Healthcare Executives. The Fund supports programs in key areas of healthcare leadership including the development of future healthcare leaders, diversity in executive leadership, ethics in healthcare management and healthcare management innovations.

2. Why is it important for ACHE to have an initiative to develop innovation in healthcare leadership?
ACHE is a leader in the field of healthcare management. Our membership services, education programs and board certification program are viewed as the best resources in the field. With the Fund, ACHE expands the exploration of best practices, provides opportunities for further research and supports future leadership in our field.

3. How will ACHE's Fund for Innovation in Healthcare Leadership make a difference?
We know from research and comments from ACHE members that there is a strong sense of commitment to supporting the future of healthcare leadership and increasing diversity of leaders at the highest levels. Fostering innovative practices will help the field prepare to meet both the anticipated and unforeseen challenges ahead.

4. What exactly does the Fund do?
Since 2007, the Fund has offered programs annually, providing the opportunity to learn from leaders and experts both within and outside of healthcare. To strengthen the field of healthcare leadership, our annual ethics program addresses how executives can navigate the increasingly complicated environment in which they lead. We also offer an annual program targeted for those seeking more innovative ways to lead. This annual programming has covered topics including emerging best practices in supply chain management, the quest for environmental sustainability of healthcare, applying social media to connect to the communities, exploring the digital medicine revolution in healthcare, using accountable care and medical homes as a means to achieve value-based healthcare and learning how palliative care programs help impact quality and cost of healthcare.

The Fund also continues to inspire tomorrow's leaders by offering scholarships for ACHE's Senior Executive and Executive Programs. So far, 86 scholarships have been awarded to further prepare executives to lead and excel during these changing and challenging times.

5. What is the new Thomas C. Dolan Executive Diversity Program?
Named in 2012 for ACHE's president and chief executive officer of 22 years, the Thomas C. Dolan Executive Diversity Program honors Tom for his long-standing service to the profession of healthcare leadership and will further his pioneering commitment to achieving greater diversity among senior healthcare leaders.

The year-long program will further prepare mid- and senior-level careerists to advance to higher leadership roles. Scholars will benefit from specialized curriculum opportunities addressing barriers in career attainment and developing executive presence, one-on-one interaction with a specially selected mentor and participation in formal leadership education and career assessments.

6. Key statistics about the Fund:

  • To date, contributions and pledges to the Fund total more than $2,900,000.
  • Donations have been received from more than 1,900 individuals and organizations.
  • Twenty-nine leadership gifts ($25,000 or more) have been received.

7. Why should I support the Fund?
Contributing to the Fund gives you the opportunity to invest in the future of our profession and ensure the field is rich with innovative leaders who have the tools and knowledge required to provide the best in healthcare delivery.

8. How can I make a contribution to the Fund? Where can I learn more?
Your donation may be submitted at ache.org/Innovation or by mail. To request a pledge form or if you have additional questions, please contact Catie Russo, program coordinator, Development, at (312) 424-9301