Statewide Healthcare Facility Transformation Program V
The State has earmarked approximately $1 billion in funding to establish Statewide V, which will focus on funding projects to deliver better outcomes, expand access to care, improve financial stability and enhance IT infrastructure and cybersecurity. Eligible not-for-profit and for-profit organizations can apply for grant funding to support projects proposed through an upcoming Request for Applications (RFA) process*.
Who's eligible?
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Statewide V grant opportunities
Intended use for grant funds | Total funds allocated | Eligible expenses | |
IT/technology | $500 million | Technological and telehealth transformation projects, which shall also include projects related to improving cybersecurity. | |
Improving quality, access and care for underserved populations | $490 million |
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*The RFA for Statewide V has not yet been released.
Contact us to discuss potential funding opportunities and how your organization can best prepare for the grant application process.
Author
Steven Herbst, Principal, Healthcare Consulting
The information provided here is for general guidance only, and does not constitute the provision of tax advice, accounting services, investment advice, legal advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal or other competent advisers.