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Federally Qualified Health Centers: A Time to Adapt, Acclimate, and Secure Funding


10/17/14

With 123 new accountable care organizations (ACOs) announced in 2013 and more than 600 public and private ACOs throughout the U.S., ACOs collaborative care networks are emerging throughout the country. With goals to improve quality outcomes, improve the experience of care, and lower costs, the success of these network models depend heavily on an effective primary care foundation. Accordingly, Federally Qualified Health Centers (FQHCs) are pivotally positioned to form or become a key component of these networks. 

FQHCs are by and large further along in many of the key areas of healthcare transformation and accountable care. Nearly half are recognized “Patient Centered Medical Homes” – a model of care that is increasingly demonstrating substantial cost savings. Practically all FQHCs are using electronic health records. Further, they are, as a group, far along in managing chronic diseases (the leading drivers of health costs) and reporting data, as they must report health outcomes and financial data regularly to the Health Resources and Services Administration (HRSA). 

While the network model opens up opportunities for major reorganization of the healthcare delivery system, there are no guaranteed winners. FQHCs could add significant value and stand to benefit from the financial reward of participating in an ACO or collaborative care network, but they also face significant barriers and risks.

Read the full article.


This has been prepared for information purposes and general guidance only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its members, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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