HealthLeaders Media August 9, 2024
New York is issuing $500 million in grants as part of a three-year, $7.5 billion effort to create a network of programs addressing issues like housing, transportation, and food insecurity.
KEY TAKEAWAYS
– New York’s new Social Care Network is supported by state and federal waiver funding through the Medicaid program.
– The state is issuing awards to nine social care organizations, who will use the funding to help Medicaid members access social services like housing, transportation and food.
– An analysis of one such program providing housing assistance to the homeless saw a 40% reduction in hospital inpatient days, a 25% reduction in ED visits and a 15% reduction in overall Medicaid health expenditures.
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