Federally Qualified Health Centers Financial and Operational Performance Analysis 2016-2019
Resource Topic: Finance, Governance, HIT/Data
Resource Subtopic: Financial performance improvement, Financial trends, Sustainability.
Keywords: Data Collection, Management, and Analytics, Research, Uniform Data System (UDS).
Year Developed: 2021
Resource Type: Publication
Primary Audience: Administrative Staff
Board of Directors
C-Suite (CEOs, CFOs, CIO, COOs, CMOs, etc.)
(See other resources developed by this organization).
Resource Summary: This report, developed with support from the Health Resources and Services Administration, offers a framework for identifying strengths, challenges, and opportunities for performance improvement in a rapidly transforming health care landscape. (Released in 2021.)
Resource Details: The report offers a framework for identifying financial strengths, challenges, and benchmarks that support opportunities for health center performance improvement through an examination of multi-year trends and median results. This analysis also considers variances between rural and urban performance. Through incorporating health center financial audits with operational and utilization data reported by the Uniform Data System (UDS) from 2016 to 2019 for Section 330-funded health centers and Look-Alikes (LALs)—collectively, FQHCs—statistical measures and financial ratios facilitate comparisons and provide context. Information on median performance, the level at which half of the centers rank higher and half are lower, is provided throughout. Quartiles (the top and bottom 25th percentiles for performance, for example) and industry-recommended benchmarks that support long-term financial sustainability are listed for specific measures where available and appropriate.