Expanding Access to Basic Healthcare

Along with affordable housing, access to basic healthcare is one of the most important building blocks of financial well-being. Vital Healthcare Capital, or V-Cap, is a nonprofit community development financial institution that provides capital to support quality healthcare services and good healthcare jobs in low-income communities. Founded in 2011, V-Cap has grown quickly, thanks to funding from MetLife and other impact investors. It prioritizes financing for better-integrated healthcare for vulnerable populations including frail elderly, at-risk youth, the disabled, and people living with chronic disease or mental illness. V-Cap’s jobs strategy supports employment models that create new or better job opportunities for low-income people with a particular focus on frontline, patient-facing jobs that are critical to the needs of vulnerable populations, and that can help meet the increasing demand for healthcare in the wake of the Affordable Care Act’s passage. V-Cap intends to place financing with high-performing healthcare channels, including hospitals, nursing facilities, specialty practices, and physicians groups, which have demonstrated their effectiveness and for whom access to capital is a potential barrier. 

View the complete MetLife Foundation Annual Report 2015