Director of Communications
Release Date: April 16, 2018
Cincinnati USA Regional Chamber Minority Business Accelerator and The Health Collaborative teaming up on healthcare diversity
A new partnership between The Health Collaborative and the Cincinnati USA Regional Chamber Minority Business Accelerator will increase supplier diversity in the healthcare sector
CINCINNATI – In a move to advance the representation of minority-owned businesses in health sector contracts, The Health Collaborative (THC) is partnering with the Cincinnati USA Regional Chamber Minority Business Accelerator (Accelerator).
The 2018 partnership was developed following the 2017 South Central Ohio Supplier Diversity Symposium, at which TriHealth’s Chief Executive Officer Mark Clement issued a call to action that included explicit goals for improving the representation of Minority-owned Business Enterprise (MBE) and Women-owned Business Enterprise (WBE) in regional health systems’ supplier contracts.
The call to action established goals for regional health system supplier diversity, to be achieved by 2020:
- 40% inclusion of MBE and WBE on construction contracts (an increase over 30% currently)
- 5% on total goods and services (an increase over less than 2% today)
“Our partnership with the Minority Business Accelerator builds on The Health Collaborative’s board commitment to enable the healthcare sector to keep pace with best practices in diversity and inclusion,” said Craig Brammer, chief executive officer at The Health Collaborative. “It will lay the important foundation for a health sector supplier diversity program focusing on leadership and regional supplier diversity goals.”
“The partnership aligns with the Accelerator goals to grow the aggregate annual revenues of its portfolio companies by an incremental $1 billion, and the creation of 3,500 new jobs over the next 4 years,” said Darrin Redus, Cincinnati Chamber vice president and leader of Cincinnati’s Minority Business Accelerator.
Supporting goals of the partnership include leveraging collective data and resources; creating a collaborative process to track supply chain diversity metrics; increasing peer-to-peer support with THC & Accelerator engagement; and strengthening MBE and WBE representation within the THC group purchasing organization for regional healthcare providers.
About The Health Collaborative:
The Health Collaborative is a non-profit organization that strives to positively impact health status, experience, outcomes, and affordability by fostering a connected system of healthcare and community health through innovation, integration, and informatics in the greater Cincinnati region. For more information about The Health Collaborative, visit www.healthcollab.org.
About the Minority Business Accelerator:
The Minority Business Accelerator is the flagship economic development initiative of the Cincinnati USA Regional Chamber focused on growing sizable minority firms. The Accelerator’s mission is to accelerate the development of sizable minority business enterprises and strengthen and expand the regional minority entrepreneurial community. The MBA works with regional companies to increase their utilization of and spending with local minority owned businesses by helping them identify and connect with local minority suppliers who can meet specific needs for products and services. For more information, visit www.cincinnatichamber.com.