Health Conversion Foundations Play Key Role in U.S. Healthcare Funding
Health conversion foundations, created from the sale of nonprofit hospitals or insurers to for-profit entities, are becoming significant players in U.S. healthcare funding. These foundations, such as The California Endowment and the Colorado Health Foundation, collectively hold billions of dollars and focus on addressing social determinants of health, including housing, racial equity, and policy advocacy. They are particularly active in states like California, New York, and Missouri, where they support local clinics and safety nets. Amid federal Medicaid and food assistance cuts, these foundations are increasing their payout rates and joining philanthropic coalitions to mitigate the impact on disadvantaged communities. 
