Value of Health Care Redefined: Social Return on Investment
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The [tag] Health Care Payment Learning & Action Network’s Health Equity Advisory Team recently released a publication that highlights how using social return on investment to measure value of health equity initiatives can strengthen the business case for investing in and sustaining programs that enhance health and well-being.
For the health care sector, social ROI offers an opportunity to capture the value of health equity initiatives that clinical and financial metrics alone cannot.
Download the full document here: https://bit.ly/41rErPa
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I recently attended the [tag] Health Care Payment Learning & Action Network’s annual Summit, where we discussed the [tag] Health Equity Advisory Team’s new document that highlights how using social return on investment to measure value of health equity initiatives can strengthen the business case for investing in and sustaining programs that enhance health and well-being. I’m proud to have contributed to this document, which features promising practices relevant to providers, health plans, and payers. You can find out more by downloading the document here: https://bit.ly/41rErPa
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The Health Equity Advisory Team (HEAT) of the Health Care Payment Learning & Action Network (HCPLAN) has released a new guidance document: “Value of Health Care Redefined: Social Return on Investment.”
Download the guidance document today to learn how health care entities can leverage Social ROI to support health equity in APMs and accountable care arrangements.
Background: The Health Equity Advisory Team (HEAT) continues to push the needle towards transformation with a new document that will highlight how using social return on investment (social ROI) to measure the value of health equity initiatives can strengthen the business case for investing in and sustaining programs that enhance health and well-being.
Currently, the health care system places disproportionate value on financial metrics and traditional clinical process and outcome measures; by excluding social benefits that are inherently intertwined with or dependent upon health outcomes, the full impact of health equity programs may be underrepresented.
For the health care sector, social ROI offers an opportunity to capture the value of health equity initiatives that clinical and financial metrics alone cannot.
Interested in more health equity resources?
The HCPLAN has developed other guidance you might find useful, including:
- Advancing Health Equity Through Alternative Payment Models (APMs): Practical Guidance for Leaders Building Payment Models Incentivizing Health Equity
- Guidance for Health Care Entities Partnering with Community-Based Organizations: Addressing Health-Related Social Needs in Alternative Payment Models
- Advancing Health Equity through APMs: Guidance for Equity-Centered Design and Implementation
New HCPLAN Health Equity Document Slide
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Policy Makers
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