Fannie Mae is supporting another year of project work with COF to build on the success of the first contract. The new contract expands on the existing concept to use TIPS Tech, a tool that provides residents with a Bluetooth-connected device to track their health at home. This will allow COF to track and test Medicare and Medicaid cost reimbursement models, because the device automatically captures and transmits the data required for telehealth reimbursement. The metrics and reporting structure is enhanced to measure how telehealth services and the presence of on-site resident services coordinators impact housing stability.
With continued support from Fannie Mae, the COF team will:
- Continue the provision of telehealth services
- Implement the TIPs Tech pilot to enable participants to proactively track their health at home
- Test cost reimbursement for the at-home solution
- Reduce hospitalizations, <30-day re-admissions, and health costs
- Explore the impact of telehealth services on housing stability