Healthcare Finance News December 12, 2018
Improving social determinants for patients can have strong positive effects on the patient’s health and decreased costs for the healthcare system.
If healthcare leaders still need evidence that it’s wise to address social determinants of health, one more indication has come in the form of a new Waystar survey, revealing that 68 percent of Americans identified having challenges in at least one SDoH risk category.
Of all patients in the “high risk” segment, 60 percent have never discussed their issues with a provider or their insurance company.
SDoH categories included financial or food insecurity, social isolation, housing insecurity, addiction, transportation access and health literacy. Consistent across payer classes (government-funded versus commercial insurance), the most commonly reported SDoH issues were financial...