ASHEVILLE, N.C. (WLOS) \u2014 Dogwood Health Trust Primary Care Development Corporation (PCDC) has announced a $10.5 million donation aiming to strengthen the financial resilience of Federally Qualified Health Centers (FQHC) across western North Carolina.<\/p>\n
According to a news release, the collaboration ensures eligible FQHCs and look-alikes with a physical location in the 18 western North Carolina counties served by Dogwood can maintain essential care access for residents despite financial strain caused by Helene and federal funding uncertainty.<\/p>\n
MISSION HEALTH LIFTS FLU-RELATED VISITATION LIMITS, CITING DECREASE IN CASES<\/a><\/p>\n To help the FQHCs navigate challenges, the partnership will combine flexible capital with expert technical support.<\/p>\n According to the release, Dogwood Health Trust has issued a $10 million Program-Related Investment to PCDC, a national Community Development Financial Institution (CDFI) focused on strengthening primary care providers.<\/p>\n The funds will offer low-cost, flexible loans to eligible FQHCs and FQHC look-alikes to sustain and increase access to high-quality care, the release says.<\/p>\n According to the release, Dogwood is providing $490,000 to PCDC to provide focus to the following:<\/p>\n Hands-on financial resiliency coaching to qualified FQHCs and look-alikes on revenue cycle and financial workflow assessmentsCash flow management toolsModeling related to Medicaid and federal funding changesOperational dashboard developmentPolicy and workflow improvements, and long-term sustainability planning<\/p>\n