According to the report, for every $1 spent to house and support homeless patients with chronic illnesses, $2 in public costs can be avoided in the first year after the patient is housed, and $6 in subsequent years.
Of the chronically homeless patients studied, nearly a third (29%) reported a jail or probation record. Most (90%) patients had at least one chronic physical disorder, while 78% had a mental illness. During the prior 24 months before referral, each patient had on average of 18 emergency room visits, seven hospital admissions, and 31 hospital inpatient days.
After the patients studied obtained permanent housing:
Total annual average public and hospital costs per person decreased from $63,808 to $16,913, not including housing subsidy costs; and
The public costs avoided amount to $31,736 in the first year, and $40,377 in subsequent years, even after accounting for housing subsidy costs.