Harness Federal Programs to Drive Growth

Even in times of turmoil and unprecedented obstacles, opportunities begin to emerge.

Pandemic. Shutdowns. Work from home. Workforce shortages and broken supply chains. In the past year, hospitals have been faced with a series of truly unprecedented events. While COVID has presented a unique set of obstacles to growth, silver linings are beginning to emerge. Opportunities to address your hospital’s challenges hold the promise of redefining how hospitals work and grow. Federal spending on population health, health equity and mental health poses tremendous opportunities. Hospitals who take steps now to anticipate and adapt will find themselves poised for improved performance, efficiency and profitability. 

The expenditures will be enormous — and so will the opportunities

While major programs such as PPP and the Coronavirus Relief Funds (CRF) have largely run their course, new spending on the horizon especially through the American Rescue Plan Act (ARPA) will pose tremendous opportunities in the healthcare industry. Many of these programs give state and local governments a wide range of flexibility as to how and where funds are allocated. 

Within these programs are a wealth of hidden opportunities to those who know how to find, access and qualify for them. For example, the Department of Health and Human Services has issued 1,300 grants with the goal of improving healthcare in 2022 alone.

$350+ billion has been earmarked to address mental health, health equity and population health challenges. Investing in analytic services is a compliant use of stimulus funds and should be top of mind for administrators.

Use Federal Funds to Improve Health Disparities

The federal government has incentivized healthcare organizations to invest in technology infrastructure, community health outreach, capacity building resources, health insurance coverage expansion, investments in medical equipment, water/sewer infrastructure, broadband infrastructure, and ventilation upgrades to name a few.

From initial funding to final reporting, we help you harness federal funds to drive growth.

HORNE Healthcare can help you every step of the way in this process.

We have the expertise necessary to:

1. Provide guidance & eligibility assessments

2. Successfully apply for the fund

3. Maintain compliance with accurate and on time reporting back to the City, State, and Treasury

We are dedicated to federal recovery programs.

Billion

in federal funds HORNE has managed or secured since 2006

Billion

in American Rescue Plan Act (ARPA) dollars that HORNE has managed or secured

Million

HHS funds (Phases 1-3) that HORNE has assisted its healthcare clients in obtaining

Billion

in CARES/CRF funds HORNE has managed for state & local governments

Capitalize on opportunity

Contact us to learn how your hospital can harness federal funds to improve health disparities.

READ MORE OF OUR LATEST INSIGHTS

SEE AROUND CORNERS.
INDUSTRY EXPERTISE DELIVERED.

More Insights

The Secret to Having Hard Conversations

Many leaders approach hard conversations the wrong way. The two most common mistakes we see are (1) allowing your emotions to set the tone and (2)...

READ MORE

Want to keep employees? Have “stay conversations”

Recently we helped a family-owned general contractor re-engage two key employees. One was a supervisor whose future was in question as a large job...

READ MORE

IRS Places Moratorium on the Processing of New ERC Filings

If you’re looking to file an Employee Retention Credit claim with the IRS, please note that there is a hold on processing of all new ERC filings...

READ MORE

What do the latest Davis-Bacon Act revisions mean to you?

Passed in 1931, the Davis–Bacon Act established requirements for paying local prevailing wages on public works projects for laborers and mechanics....

READ MORE

HORNE Board of Directors admits Monique Mahan as a director

Monique Mahan was admitted as a tax director, joining HORNE’s Public and Middle Market group, effective August...

READ MORE

HORNE Board of Directors admits new director

Lori Crocker, who serves in HORNE’s Healthcare group, was recently promoted to director, effective September...

READ MORE

Talk to an expert today.