Landlords becoming healthcare providers
In the super competitive real estate industry, one real estate investment firm has added virtual healthcare to its property’s amenities. Communidad Partners, which purchases, upgrades and manages real estate properties, is working with a nonprofit Veritas Impact Partners to provide a virtual healthcare program to residents, according to Fast Company, which spotlighted the feat.
The telehealth contract is with an unnamed Fortune 500 company that provides services to Communidad’s residents, with a special consideration for multifamily communities. Residents in the program can connect with nurses or doctors virtually through an app, where they can be diagnosed and treated with prescriptions. And Communidad is offering the program free to its residents.
The innovative program brings together housing and health care, bucking the typical way people in the U.S. obtain healthcare coverage. Typically, employment is tied to health care, meaning people who are unemployed or underemployed are usually at a higher risk of being uninsured or underinsured.
So far, Communidad has implemented the program across 2,000 households. The spotlight on the program comes as more than six million people lost health insurance coverage due to the Covid-19 pandemic.
See the full story below: