HealthLeaders Media August 15, 2022
Genesis attributes its large margins to excellent management and says it needs the money to expand and modernize services while being less reliant on government funding.
KEY TAKEAWAYS
– The federal government pumped more than $6 billion in basic funding grants last year into 1,375 privately run centers around the country, which provide primary care for more than 30 million mostly low-income people. In 2021, the American Rescue Plan Act provided an additional $6 billion over two years for covid-19 care.
– These community health centers must take all patients regardless of their ability to pay, and, in return, they receive annual government grants and higher reimbursement rates from Medicaid and Medicare than private physicians.
– Yet a KHN analysis...
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