“As the Dogwood Health Trust forms its board, I urge its founding members to address the underlying determinants of our failing health by investing in a local food system with soil-building at its core.”
At the Asheville Area Chamber of Commerce’s 13th annual Elected Officials Reception on Aug. 16, local politicians acknowledged that the intensity of recent city and county government scandals have sometimes pushed other issues to the side.
HCA’s purchase price for the system, plus Mission’s remaining net cash and investments, would fund a nonprofit foundation specifically devoted to boosting public health in the region. At a meeting of the Council of Independent Business Owners, President and CEO Ron Paulus claimed that the new organization’s assets, which could range from $1 billion to $2 billion depending on the final sale price, would make it one of the three largest foundations in North Carolina and the richest foundation per capita anywhere on the planet.
With the potential of tax revenues from the proposed acquisition of Mission Health by a for-profit company looming on the horizon, members of City Council’s Finance Committee heard several proposals on March 29 that would help balance the city’s FY 2018-19 budget.