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Funding

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Financial Stability

Funders

Funding RFHC
Ravenswood Family Health Center is a non-profit community health center. We receive money from:
  • Government grants and reimbursements for services
  • Charitable foundations
  • Contributions from individuals and the private sector
  • Fees collected from patients and their insurers

RFHC receives a Bureau of Primary Health Care grant for the uninsured which accounts for 21% of income; 44% comes from third-party public health insurance reimbursements, and the balance is raised by grants and donations.

Uninsured patients pay a sliding scale fee, based on their household income. We collect approximately $100,000 a year from these fees.

The Challenge
Community health centers are being squeezed between the rising number of uninsured workers, and declining government reimbursements. Ravenswood is no exception. We have seen an increase of 45% in the number of patients who depend on us for care. Meanwhile, reimbursements are declining. There is a growing gap between the cost of the care we provide and the payment we receive for that care.

Fiscal Year 2007-2008 - Budget $7.4 Million
  • Federal Grant $1.8 million
  • Patient Fees $2.6 million
  • Other Sources $3.0 Million*
    *Foundations, contracts, & donations
The Cost of Uncompensated Care
Over 63% of our patients are uninsured.
RFHC provides over $2 million in uncompensated care.
  • 14,000 medical visits per year for uninsured
  • Uninsured pharmacy: $226,655
  • Uninsured lab costs: $ 77,300
  • Uninsured dental care: $124,000

 

Pie Graph representing Expenses 2006 thru 2007

Pie Graph representing Revenue for 2006 thru 2007
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