Building Type
Location
New/Existing
Eligibility
Contact Name
Contact Email
Contact Phone
New York Healthy Homes Collaborative
Overview
Northern Trust and GHHI will provide $4.75 million in impact investment capital with the goal of making a lasting impact on families in under-resourced communities as well as on healthcare policy and practice. This funding will cover four years of services, at which point Affinity will transition to a self-funded model. Utilizing value-based payment (VBP) contracts, Affinity will use 100% of the savings resulting from the program to repay funders until the point the investment has been repaid with a modest return, projected to occur 7-9 years after launch. VBP allows Affinity to use Medicaid funds to cover home-based asthma services not traditionally reimbursed by Medicaid. In New York, payments directed toward social determinants of health via VBP. Core Partners include: Affinity by Molina Healthcare, AIRnyc, Association for Energy Affordability (AEA), Green & Healthy Homes Initiative (GHHI), Northern Trust, New York City Department of Health and Mental Hygiene, and Primary Care Development Corporation (PCDC).
Resources
Project Summary
Overview
Northern Trust and GHHI will provide $4.75 million in impact investment capital with the goal of making a lasting impact on families in under-resourced communities as well as on healthcare policy and practice. This funding will cover four years of services, at which point Affinity will transition to a self-funded model. Utilizing value-based payment (VBP) contracts, Affinity will use 100% of the savings resulting from the program to repay funders until the point the investment has been repaid with a modest return, projected to occur 7-9 years after launch. VBP allows Affinity to use Medicaid funds to cover home-based asthma services not traditionally reimbursed by Medicaid. In New York, payments directed toward social determinants of health via VBP. Core Partners include: Affinity by Molina Healthcare, AIRnyc, Association for Energy Affordability (AEA), Green & Healthy Homes Initiative (GHHI), Northern Trust, New York City Department of Health and Mental Hygiene, and Primary Care Development Corporation (PCDC).
Resources
Project Summary