Wednesday, November 23, 2022 | The Latest Research, Commentary, And News From Health Affairs
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Financial Coaching From The Boston Medical Center
In the newest Leading To Health article, author Michele Cohen Marill examines how the Boston Medical Center helps families achieve financial stability with programs that provide tax assistance and financial literacy education.
As the largest safety-net hospital in New England, Boston Medical Center provides critical services to low-income families.
The hospital’s StreetCred program, which was launched in 2016, helps eligible patients obtain the federal and state Earned Income Tax Credit. As the program evolved, it grew to support patients by providing financial literacy.
"Money is the core determinant of health," says Lucy Marcil, a pediatrician and cofounder and executive director of StreetCred. "In some ways, you can think of it as the determinant of the social determinants of health."
Boston Medical Center is now sharing lessons from its focus on asset building and financial mobility with other hospitals around the country, adding to the emerging concept of "antipoverty medicine."
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Today on Forefront, Conner Esworthy and coauthors discuss how HUD and CMS could work together to identify an approved set of nursing home innovations that could qualify operators who chose to adopt them for quicker access to HUD funds.
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