Fierce Healthcare October 18, 2021
Hospital systems enjoying strong returns from stocks and bonds may want to consider redirecting some of those dollars toward community investments such as housing, food access and locally owned businesses, each of which hospital representatives say can drive long-term stability and health across underserved neighborhoods.
At the HLTH 2021 conference in Boston, executive leadership members from Cleveland Clinic, UMass Memorial Health and Boston Medical Center highlighted the decade-or-more delta in life expectancies they’re seeing between different local areas.
The difference, they said, comes down to social determinants of health such as wealth, education, stable housing and structural racism—all factors contributing to worse outcomes and increased healthcare utilization.
“A plethora of data suggest that people who have lower income and education...