Market Intelligence

Healthcare SystemsMoving into RPM

Over $3.4 billion has been invested by healthcare systems in housing programs. 366 hospitals across 139 health systems are now approved for hospital-at-home care. The convergence of housing and health technology is accelerating — and SASH is positioned at the center.

$3.4B+
Healthcare investment in housing (2017–2025)
366
Hospitals approved for at-home care (CMS AHCAH)
50%
U.S. hospitals identifying housing as critical health need
2030
CMS AHCAH waiver extended through September 2030
Housing Investment

Healthcare Systems Investing in Housing

Major health systems and payers have committed billions to affordable housing, recognizing that stable housing is a critical determinant of health outcomes. These organizations represent SASH's highest-priority partnership targets.

UnitedHealth Group

PayerCase Study

Largest payer-led housing investor in the U.S. Integrates on-site health services into mixed-income housing developments across 33 states and DC.

Mixed-income housing with health centersSenior housing with wellness coordination3,000+ new patient capacity per development
$1.2 billion
Investment
32,000 homes
Housing Units
33 states + DC
Geography

Kaiser Permanente

Health SystemCase Study

Committed $400M toward housing stability. Screened 1.5 million members for housing insecurity in 2025. Thriving Communities Fund finances multiunit properties.

Thriving Communities FundBuilt for Zero initiativeMedical respite housingLIHTC advocacy
$400 million
Investment
30,000 by 2030
Housing Units
7+ states (national)
Geography

Centene / Carolina Complete

Medicaid MCO

Medicaid MCO investing directly in housing. Broke ground on Choice Neighborhood Initiative in Winston-Salem connecting residents to healthcare and workforce development.

Choice Neighborhood InitiativeHealthcare + workforce integrationFood & nutrition educationFamily services
$2 million (March 2026)
Investment
244 units
Housing Units
Winston-Salem, NC
Geography

Advocate Health

Health SystemCase Study

Operates both hospital-at-home RPM programs and housing investments through A Home For All initiative. Achieves 7% fewer readmissions than expected.

A Home For All initiativeHospital-at-home RPMHybrid in-home + virtual careCommunity health investment
$21 million (since 2019)
Investment
Not disclosed
Housing Units
Charlotte, NC & multiple metros
Geography

CommonSpirit Health

Health System

Community Investment Program provides direct and indirect loans for affordable housing. Invested $5M in Freedom West cooperative housing in San Francisco.

Community Investment ProgramDirect/indirect housing loansCooperative housing models
$5 million (Freedom West)
Investment
Cooperative housing
Housing Units
San Francisco, CA
Geography

Rush University Medical Center

Academic Medical

CDFI loan for neighborhood revitalization on Chicago's West Side. Targets vacant properties for community health improvement.

CDFI neighborhood loansVacant building revitalizationWest Side health corridor
$1.08 million
Investment
50 vacant buildings
Housing Units
Chicago, IL
Geography
Insurance Payers

Insurance Payers Investing in Housing

Beyond health systems, major insurance payers are increasingly investing in housing as a strategy to reduce claims costs and improve population health outcomes. State Medicaid programs are also leveraging managed care contracts to pursue health-housing alignment.

Elevance Health (Anthem)

Commercial Payer

Operates a housing stability program connecting members to housing resources. Developed the Whole Health Index measuring social determinants including housing. Foundation surpassed $1M in SDOH investments by end of 2025.

Housing Stability ProgramWhole Health IndexSDOH investment portfolioMember housing resource connections
$1 million+ (Foundation, 2025)
Investment
46 million+ medical members
Coverage
SASH Partnership Opportunity

SASH homes could serve as a preferred housing referral destination for Elevance members flagged by the Whole Health Index, with embedded RPM reducing downstream claims costs.

Humana

Medicare Advantage

Launched Bold Goal program to improve community health by addressing social determinants including housing. Humana Foundation funded VOA's "Residents First" tech-in-housing research blueprint.

Bold Goal programHumana Foundation grantsVOA tech-in-housing research fundingCommunity health improvement
Foundation-funded research
Investment
17 million+ members
Coverage
SASH Partnership Opportunity

Humana already funds tech-in-housing research. SASH offers a production-ready implementation of the blueprint they funded, with proven RPM reimbursement pathways for Medicare Advantage members.

CVS Health / Aetna

Integrated Payer

Invested $185M in affordable housing through LIHTC investments and CDFI partnerships. Leverages 9,000+ retail locations as community health access points.

LIHTC housing investmentsCDFI partnershipsMinuteClinic integrationHealthHUB community health
$185 million (2021)
Investment
25 million+ Aetna members
Coverage
SASH Partnership Opportunity

SASH developments near CVS HealthHUB locations create a seamless care continuum: embedded RPM for daily monitoring, MinuteClinic for acute needs, and Aetna coverage for reimbursement.

State Medicaid MCOs

Medicaid

State Medicaid programs increasingly require managed care organizations to invest in housing-related services. CMS 1115 waivers in multiple states now support housing as a covered SDOH intervention.

CMS 1115 SDOH waiversMCO housing investment requirementsIn-lieu-of-services for housingCommunity reinvestment mandates
Contract-driven (varies by state)
Investment
90 million+ Medicaid enrollees nationally
Coverage
SASH Partnership Opportunity

SASH qualifies as a housing-health demonstration under multiple state 1115 waivers. MCOs can contract with SASH to fulfill housing investment requirements while gaining RPM data on their enrolled populations.

Remote Patient Monitoring

Hospital-at-Home RPM Programs

The CMS Acute Hospital Care at Home waiver, extended through September 2030, has enabled 366 hospitals to deliver hospital-level services in patients' homes using RPM technology — the same core technology SASH embeds directly into its housing.

Mass General Brigham

80%+ of eligible patients

RPM Capabilities

24/7 vitals monitoring, point-of-care testing, in-home x-rays & ultrasounds

Outcomes

7% readmission rate vs. 23% traditional

Lowest readmission rate in the nation for hospital-at-home

UChicago Medicine

Growing program

RPM Capabilities

Daily telehealth physician check-ins, specialty consults, 30-day post-discharge monitoring

Outcomes

Improved sleep quality, reduced hospital-acquired infections

Human-first design with 80+ patient/community feedback sessions

Advocate Health

Multiple metro areas

RPM Capabilities

Hybrid in-home visits + virtual check-ins + remote monitoring

Outcomes

7% fewer readmissions than expected

Combines housing investment with RPM deployment

Ohio State Wexner Medical Center

High-volume, disadvantaged areas

RPM Capabilities

RPM, care navigation, lab services, PT/OT, pharmacy

Outcomes

9.2% readmission vs. 16% traditional; 95% satisfaction

Specifically targets underserved communities

Smart Housing Technology

Technology-in-Housing Pilots

Several organizations are piloting smart-home technology within affordable housing — the closest analogs to SASH's embedded sensor approach. These pilots validate the market demand while highlighting the gap SASH fills.

Volunteers of America

Funded by Humana Foundation

Published "Residents First" blueprint for integrating technology into affordable senior housing. Piloting PingCares smartwatches, online fitness classes, and robotic companion pets.

Scale

500+ properties, 20,000+ units, 42 states

Technology Stack
Buildingwide Wi-FiFall-detection wearablesPersonal tabletsSmart appliancesMotion-sensor lighting
LeadingAge Lighthouse

Funded by Federal/Foundation

Equipping older adults in affordable housing with internet access, digital hardware, telehealth tools, and digital literacy training.

Scale

Targeting 1.6 million HUD-assisted residents

Technology Stack
Internet connectivityTelehealth toolsDigital literacy trainingHealth monitoring devices
Washington State University

Funded by Research Grants

Advancing sensor technologies that transform everyday household instruments into health monitoring tools. Research on activity patterns, fall detection, and cognitive decline.

Scale

Research program

Technology Stack
Activity pattern sensorsFall detectionCognitive decline indicatorsSmart home integration
Competitive Position

Where SASH Fits In

Current programs fall into three categories. No organization combines all three into a single product — except SASH.

CategoryExamplesWhat They DoWhat They Lack
Housing InvestmentUHG, Kaiser, Centene, BMCFinance affordable housing construction/renovationNo embedded health technology or RPM
Hospital-at-Home RPMMGB, UChicago, Advocate, OSUDeploy RPM devices to patients' existing homesNo purpose-built housing; temporary devices
Tech-in-Housing PilotsVOA, LeadingAge, WSUTest wearables and sensors in senior housingSmall-scale; no integrated analytics platform
SASH Smart HomesAll Three CombinedPurpose-built housing + embedded RPM + LIAM analyticsComplete Solution

Deep-Dive Case Studies

Explore detailed analyses of how SASH would integrate with the largest healthcare systems investing in housing-health convergence.

Policy & Regulation

Federal Policy Tailwinds

Recent federal policy changes have created a favorable environment for housing-health convergence, providing SASH with a multi-year runway for growth.

CMS AHCAH Waiver Extension

Extended through September 2030 via the Consolidated Appropriations Act of 2026. Gives health systems a 5-year runway to invest in home-based care infrastructure.

366 hospitals approved

RPM Reimbursement (CPT Codes)

Medicare reimburses up to $133/patient/month for RPM services across CPT codes 99453, 99454, 99457, 99458, and 99091. Gross margins of 47–70%.

$133/patient/month

LIHTC Health Integration

State Qualified Allocation Plans increasingly award bonus points for health service integration in LIHTC applications. SASH's embedded RPM qualifies.

Bonus scoring available

Medicaid SDOH Waivers

CMS 1115 waivers in multiple states now support housing-related services as Social Determinants of Health interventions. SASH qualifies as a demonstration.

Multi-state eligibility

Opportunity Zone Tax Benefits

Capital gains deferral and step-up basis for investments in designated Opportunity Zones. SASH target markets include high-concentration OZ tracts.

Tax-advantaged investment

ACA Community Benefit Requirements

Tax-exempt health systems must address community health needs. Nearly 50% of hospitals now identify housing as a critical need in their CHNAs.

50% of hospitals

Ready to Partner with SASH?

SASH combines purpose-built affordable housing, factory-installed RPM sensors, and the LIAM predictive analytics platform into a single integrated product. Whether you're a health system, payer, or housing developer — we're building the future of housing-health convergence.

Health Systems
Integrate SASH into your community health strategy and hospital-at-home programs
Insurance Payers
Reduce claims costs through proactive RPM monitoring in affordable housing
Housing Developers
Differentiate your developments with embedded health technology
Government Agencies
Meet CHNA requirements and SDOH mandates with a proven model

Sources: National League of Cities (2026), CMS AHCAH Data (2026), UnitedHealth Group (2025), Kaiser Permanente (2025), American Hospital Association (2026), Volunteers of America / Humana Foundation (2026), Elevance Health (2025), Centene (2026)

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