(June 9, 2021 11:46 AM) With the economic fallout of COVID-19 hitting small businesses and their communities especially hard, Henry Ford Health System and 11 other health systems have signed an “Impact Purchasing Commitment” and backed it with a joint $1 billion pledge to increase spending on local, minority, women-owned and other small businesses and enterprises. The goal is for health systems to use their power as anchor institutions in their communities to help build and support healthy, equitable, climate-resilient local economies – and improve overall community health and wealth. The commitment, designed by the Healthcare Anchor Network in partnership with Health Care Without Harm and Practice Greenhealth, is an agreement to shift procurement strategies and spending, including with Minority and Women Owned Business Enterprises (MWBEs) as well as local and employee-owned, cooperatively-owned and nonprofit-owned enterprises, by at least $1 billion over five years. The institutions also agree to work with at least two of their large existing vendors to create hiring pipelines in the disinvested communities that they serve. Additionally, the Healthcare Anchor Network pledge-signers commit to adopting sustainable procurement goals, which help build additional momentum garnered by hospitals that are part of the Practice Greenhealth network. It is…