Hospitals and health systems are committed to caring for people regardless of their ability to pay. But it can be challenging for an organization to stay financially healthy while providing that expansive level of care. That’s where a Federally Qualified Health Center Look-Alike designation might help.
An FQHC Look-Alike designation helps a qualified hospital or health system optimize Medicare and Medicaid reimbursement, reduce unnecessary emergency room utilization, and improve the health status of the uninsured and Medicaid population. It can also help organizations find solutions for their behavioral health needs. Other benefits include eligibility to purchase medication for outpatients through the 340B Federal Drug Pricing Program and access to other federal programs and grants.
How We Can Help You
Establishing an FQHC Look-Alike can be time-consuming, even if it is well worth it. KSM can help reduce the stress and your time investment through our simplified process.
Feasibility Assessment
In phase one, we’ll explore your organization’s unique circumstances and will assess the feasibility of securing the designation and identify the financial benefit.
Structure Development
In phase two, we’ll create the optimal structure of your FQHC Look-Alike, making sure to assess organizational readiness and implement an FQHC Look-Alike organizational and governance structure. This will include the development of all applicable legal documents.
Application Submission
In the final phase, we’ll guide you through completion of the FQHC Look-Alike application and prepare you for the Health Resources and Services Administration (HRSA) site visit.