Financiers Bet on Primary Care Growth

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To support the growing healthcare needs of low income communities, LIIF has joined the Goldman Sachs Urban Investment Group, The Kresge Foundation, Primary Care Development Corporation , Rockefeller Foundation and The Reinvestment Fund in a national partnership to finance the expansion of community health centers. Crain’s Health Pulse, a daily newsletter on the business of healthcare, recently featured the national partnership, highlighting the increasing demand for quality primary and preventive care in low income communities nationally.

The Collaborative for Healthy Communities (the Collaborative) is a $130 million three-year national initiative that provides a new source of capital to finance and grow community health centers. The Collaborative will invest in Federally Qualified Health Centers (FQHC) and FQHC look-alikes where at least 80% of patients earn less than 200% of the Federal Poverty Level.

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Source: Crain's Health Pulse