What are FQHCs?

The Healthy Futures Fund uses New Markets Tax Credits to help finance the development of federally qualified health centers (FQHCs), FQHC Look Alikes, and other health facilities that offer medical care to underserved populations and communities.

FQHCs are a specific designation from the U.S. Department of Health and Human Services. They are facilities that receive federal grants to offer community health care, regardless of patients’ ability to pay. Look Alikes are similar to FQHCs but do not receive grants, though they are able to tap special Medicare and Medicaid reimbursements.

Currently, there are approximately 1,200 FQHCs nationwide serving 20 million people. In the next few years that number is expected to grow dramatically, thanks to the Affordable Care Act, more commonly known as Obamacare. The President's health plan makes these centers the centerpiece of its community-health strategy, dedicating $11 billion to their development with the hope of doubling the number of patients served.