Healthcare DIVE March 2, 2021
Dive Brief:
- A hospital-sponsored affordable housing program targeting social determinants of health in Baltimore is having a positive social impact on the community, according to a study published Monday in Health Affairs.
- Rather than quantifying traditional return on investment, Health Affairs researchers used a social-return-on-investment (SROI) analysis to evaluate broader social, environmental and economic benefits of Bon Secours Hospital’s Housing for Health program.
- They found the program generated between $1.30 and $1.92 of social return in the community for every dollar in yearly operating costs.
Dive Insight:
In the 1990s, Bon Secours Hospital saw an opportunity to purchase, repurpose and develop affordable housing units in its surrounding community with a high concentration of poverty, amid rising rates in...
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