4.5 Article

A Social-Return-On-Investment Analysis Of Bon Secours Hospital's 'Housing For Health' Affordable Housing Program

期刊

HEALTH AFFAIRS
卷 40, 期 3, 页码 513-520

出版社

PROJECT HOPE
DOI: 10.1377/hlthaff.2020.00998

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  1. Eunice Kennedy Shriver National Institute of Child Health and Human Development [R03HD098411]
  2. Department of Housing and Urban Development (HUD)

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This study utilized a social-return-on-investment (SROI) analysis to evaluate the social, environmental, and economic benefits of Bon Secours Hospital's Housing for Health program. Results indicated the significant social value generated by the program, with every dollar in yearly operating costs producing between $1.30 and $1.92 of social return in the community.
Community health programs aimed at addressing the social determinants of health often face challenges demonstrating their impact through traditional economic evaluation methods of return-on-investment analysis, cost-effectiveness analysis, or cost-benefit analysis. Using a social-return-on-investment (SROI) analysis, we evaluated the broader social, environmental, and economic benefits of Bon Secours Hospital's Housing for Health program, an affordable housing program aimed at addressing the social and environmental determinants affecting its community's health in Baltimore, Maryland. Bon Secours currently has 801 units of affordable housing across twelve properties in West Baltimore. Results indicate the significant social value of the Bon Secours affordable housing program, generating between $1.30 and $1.92 of social return in the community for every dollar in yearly operating costs. These findings suggest that broader access to affordable housing could produce a positive social value and demonstrate the relevance of SROI for quantifying the impacts of community health programs.

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