The District of Columbia Department of Health Care Finance (DHCF) is seeking applications for its Business Transformation Grant.
Donor Name: District of Columbia Department of Health Care Finance (DHCF)
State: District of Columbia
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 02/28/2022
Size of the Grant: $500,000
Details:
The successful applicant will provide business and legal support to build the capacity of Medicaid providers to plan for and engage in strategic affiliations and financial restructuring by providing three program components: Analysis and Planning Support; Legal and Business Consulting; and Technical Assistance (TA).
DHCF’s Business Transformation Grant will provide one multi-year (FY22-24) grant of up to $500,000 per year to deliver tailored business and legal consulting and TA to District Medicaid providers who wish to transform their practice to increase financial efficiency, improve client outcomes, remove barriers to care, and ensure continuity of care for low or moderate income.
Funding Information
Subject to the availability of funds, the grant shall have a base year (not to exceed $500,000), option year 1 (not to exceed $500,000), and option year 2 (not to exceed $500,000).
Eligibility Criteria
Applicants must have a demonstrated record of:
- Legal and business expertise in healthcare and nonprofit management, including strategic affiliations such as mergers and joint ventures.
- Demonstrated experience providing tailored TA and training to Medicaid providers on optimizing legal, business, and financial operations.
- Understanding of the District’s Medicaid provider landscape including workflows, challenges, and opportunities with managed care.
- Demonstrated expertise with value-based payment methodologies that further whole-person care, including implementation of population health strategies that meet Learning and Action Network (LAN) categories.
For more information, visit Business Transformation Grant.
