Samaritan is a digital SDOH platform that provides people without a home the social and financial support needed to reach health and housing goals.
Region: America
Sector: Health
Instagram: @cityofsamaritans
Twitter: @youaresamaritan
Facebook: Samaritan
The social determinants of health (SDOH) are the non-medical factors, like food and housing, that influence health outcomes. While the unhoused population continues to increase year after year (>580K experiencing homelessness in 2020) and disproportionately affects BIPOC, it is also extremely challenging to reach and engage them and address their SDOH needs. As a result, they have a high rate of health care use, particularly emergency departments and inpatient visits, escalating costs and worsening outcomes.
Samaritan's novel technology platform engages historically difficult to reach populations; helps them set SDOH goals; and provides the capital, incentives, and social support needed to reach these goals. The platform also leverages community based organizations to onboard, set goals, needs, and action steps for this population. Samaritan is one of the first companies to facilitate cash transfers for SDOH needs and could prove a compelling model for others to follow.
Acumen’s $500K investment will help the Company with hiring and expanding its core management team. Specifically, the funds will be utilized to hire support for the execution of multiple signed contracts in several cities throughout 2022. Additionally, Samaritan will continue to build out its engineering team in order to advance its Payer interface side of the platform.