Return on Investment (ROI) is the traditional measure used by health systems and health plans to gauge the value of health equity interventions. Yet it’s increasingly clear that conventional ROI analysis has limitations that can obscure important health equity outcomes. When our key metric is blind to critical benefits of health equity and social needs interventions—from health improvements and patient experience to brand reputation and staff retention—we risk misspending our investment dollars or divesting from programs with real value.
Health and social care leaders can more powerfully capture the full scope of their investment impact through a financial modeling method called Blended Value. This model, developed and tested by HealthBegins, combines three essential elements of impact—return on investment (ROI), value of investment (VOI), and social return on investment (SROI)—in one quantitative approach. Together, these measures account for factors including financial performance, intangible economic benefits, social and community impact, and long-term outcomes left out of ROI alone.
In this webinar, health and economics experts will discuss key principles and core components of Blended Value. You’ll learn about real-world use cases from health and social care leaders who have applied Blended Value in their settings. And you’ll learn about opportunities to expand beyond conventional ROI analysis and calculate the Blended Value of your own health equity and social needs investments.
Speakers:
- Rishi Manchanda, MD, MPH, CEO, HealthBegins
- Glasha Marcon, VP, Learning and Innovation, HealthBegins
- Len Nichols, Ph.D., Non-resident Fellow, Urban Institute, Professor Emeritus, George Mason University
- Jessica Palardy, MSW, LSW, Senior Manager, Medical Advocacy, Lutheran Settlement House
- Corey Smith, Ph.D., Director of Health Equity Evaluation, Corewell Health
*By registering for this webinar you will be added to the HealthBegins mailing list.
