Strengthening the Financial Foundation of FQHCs in Wake of Pandemic
Federally Qualified Health Centers (FQHCs) have been the safety net for individuals in need for decades. These community-based healthcare centers provide a comprehensive set of essential health services – including primary care, behavioral health, chronic disease management, preventive care, and other services – regardless of whether a patient has health insurance.
Many FQHCs are taking proactive steps to prevent the predicted revenue decrease from becoming a reality, while also seeking to alleviate the burden amongst staff. One of the key moves FQHCs have made includes implementing innovative, simplified technology, such as new patient engagement and revenue cycle management (RCM) solutions.
By implementing key technologies, providers in these centers can improve their financial stability, deliver the services the community requires and ease the strain on providers – all of which is key to achieving their ultimate goal of improving the health outcomes of millions of underserved patients.
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