ALBANY, N.Y., March 4, 2025 -- THRIVE, a leading healthcare consulting firm, has launched a new suite of services designed to help Federally Qualified Health Centers (FQHCs), and other community health providers navigate financial challenges and ensure long-term sustainability. These services address funding risks, provide contingency planning, and equip organizations with strategies to maintain high-quality care for vulnerable populations.
FQHCs and community health centers serve as critical safety nets, offering essential healthcare services to underserved communities. However, they face significant financial pressures due to fluctuating funding sources, evolving reimbursement models, and unpredictable policy shifts. THRIVE's new services provide customized, proactive strategies to help these organizations assess financial risks, strengthen sustainability planning, and diversify revenue streams to mitigate funding instability. Each solution is tailored to the uniqueness of the health center and the communities it serves.
Key Services for Health Centers:
- Funding Risk Assessment & Forecasting: THRIVE conducts in-depth evaluations of funding sources—including federal grants, Medicaid reimbursements, and private contributions—identifying and quantifying vulnerabilities, and recommending solutions.
- Contingency Planning Development: Custom financial contingency plans prepare health centers for funding disruptions, policy changes, and economic downturns, ensuring operational stability.
- Revenue Diversification & Optimization: Strategies to explore alternative funding sources, value-based payment models, and community partnerships reduce dependency on single revenue streams.
- Stakeholder Engagement & Advocacy: THRIVE supports health centers in strengthening relationships with health systems, funders, and community partners to enhance financial sustainability.
"Community health centers are a lifeline for underserved populations, yet financial uncertainty remains a major threat," said Bill Franz, President of THRIVE. "Our new suite of services empowers these organizations with the strategic tools and financial foresight they need to maintain stability and continue delivering essential care."
With deep expertise in healthcare finance and operations, THRIVE is dedicated to helping health centers navigate uncertainty while ensuring uninterrupted patient services.
For more information about THRIVE's new services, visit thriveandachieve.com or contact info@thriveandachieve.com.
About THRIVE
THRIVE is a trusted healthcare consulting firm specializing in financial management, operational strategy, and sustainability planning. With decades of experience, THRIVE helps healthcare providers serving underserved communities build resilience, optimize performance, and continue delivering high-quality care.
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