Session Description: Federally Qualified Health Centers (FQHCs) are essential in delivering accessible, high-quality healthcare to medically underserved communities—but many continue to face financial pressures in the post-pandemic environment. A strong partnership between the board of directors and CEO, who in turn must partner with their leadership team is key to navigating these challenges and identifying opportunities for sustainable growth. This session will equip board members with the knowledge and confidence to engage in informed discussions with leadership about revenue diversification strategies that align with the health center’s mission and strategic plan. Together, we will explore innovative approaches—from expanding service lines and optimizing revenue cycle operations to engaging in value-based reimbursement and strengthening fundraising efforts. Through shared learning and collaboration, participants will leave empowered to work alongside leadership in shaping a financially resilient future for their FQHC—ensuring the organization’s ability to safeguard its mission and deliver improved health outcomes for the communities it serves.
Learning Objectives:
Recognize the board’s role in partnering with leadership to evaluate and pursue revenue diversification opportunities that align with the health center’s mission and goals.
Strengthen financial resilience and strategic growth by expanding service lines, optimizing revenue cycles, engaging in value-based reimbursement, and leveraging non-330 funding sources like grants and fundraising initiatives.
Ask the right questions to assess potential risks, returns, and alignment of new revenue opportunities with the health center’s strategic plan.
