With a bachelor's degree in accounting, Brian Derrick has served as a leader in the financial sector at several healthcare organizations across Pennsylvania. Brian Derrick was the CFO at Pennsylvania-based Einstein Healthcare Network, responsible for raising $500 million in capital through various strategies and improving the revenue cycle.
Healthcare nonprofits such as the Einstein Healthcare Network typically have a charitable arm or office, to which the community and corporations can donate and help the organization's mission. These nonprofits can raise money in several ways, and there are strategies they can use to increase donations, such as implementing grateful patient programs. These programs are dedicated to offering engagement opportunities to former and current patients who may be willing to donate to help other people, especially after they have been discharged.
Healthcare nonprofits can also seek a partnership with corporations that have a robust philanthropic history. In exchange for positive publicity and visibility, these corporations can give philanthropic support to the healthcare nonprofit by sponsoring a fundraising event or investing in a campaign to raise funds for a specific healthcare need, such as hiring more hospital staff.
Hosting well-planned fundraising events is another excellent way to generate public awareness, attract new donors, and interact with the community. Some tips for such events are to use technology to promote digital donation methods and manage details with fundraising event software, as well as branding the event with the organization's logos and merchandise.
