Founded in October 2021, HealthCore Foundation was established by experienced leaders across healthcare, finance, and real estate who recognized a growing challenge facing nonprofit health systems. As the demand for high-quality patient care continues to expand, many organizations are also facing increased pressure to fund, develop, and maintain the facilities required to support that care. Traditional real estate financing structures can place meaningful strain on balance sheets, limiting a health system’s ability to invest in clinical services, staff, and community health initiatives.

HealthCore was created to address this challenge by providing nonprofit healthcare organizations with a more flexible and cost-effective approach to developing and owning mission-critical facilities, resulting in a markedly lower occupancy cost. Through an independent nonprofit ownership structure and the strategic use of tax-exempt financing tools, HealthCore helps health systems access capital at a considerably lower cost than many conventional financing alternatives.

By partnering with nonprofit health systems, HealthCore enables organizations to develop new facilities, modernize existing infrastructure, and secure long-term control of the spaces where care is delivered. This model allows health systems to preserve capital, minimize balance-sheet impact, and focus their financial resources on what matters most — delivering high-quality patient care and improving community health outcomes.