How Much Did MarillacHealth Raise?
Funding & Key Investors

MarillacHealth has solidified its position as a critical pillar of community wellness through a series of strategic capital injections. The organization has successfully secured a cumulative total of $3.9M, bolstered by a recent funding round totaling $2.9M. This influx of financial resources underscores the growing institutional recognition of the vital role non-profit healthcare providers play in stabilizing regional health outcomes for underserved populations.

The trajectory of this capital acquisition reflects a deliberate effort to scale operational capacity. By leveraging both debt financing and public grants, MarillacHealth has demonstrated a robust fiscal strategy designed to sustain long-term service delivery across Mesa and Montrose Counties. This recent investment serves as a catalyst for enhancing the breadth and depth of their medical, dental, and behavioral health offerings.

What is MarillacHealth?

MarillacHealth
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare Services

Established in 1988, MarillacHealth operates as a comprehensive, non-profit healthcare provider dedicated to bridging the gap in medical accessibility. The organization functions as a healthcare home for low and middle-income, uninsured, and underinsured residents, ensuring that financial status does not dictate the quality of care received. Their service model is characterized by a team-based approach that integrates primary care, preventive medicine, and dental services, effectively addressing the social determinants of health within their service area.

By maintaining a focus on inclusive care, MarillacHealth has carved out a significant market position as a primary safety-net provider. Their operational framework is built upon the necessity of providing affordable, high-quality medical interventions, which has become increasingly essential in the current public health landscape. The organization's commitment to behavioral health integration further distinguishes its service portfolio, allowing for a holistic patient experience that addresses both physical and mental health requirements.

How much funding has MarillacHealth raised?

MarillacHealth has raised a total of $3.9M across 2 funding rounds:

2020

Debt

$1M

2021

Grant

$2.9M

Debt (2020): $1M with participation from PPP

Grant (2021): $2.9M led by American Rescue Plan

Key Investors in MarillacHealth

American Rescue Plan

A federal legislative initiative providing significant financial support to public health organizations and community services to bolster recovery efforts.

PPP

Public-Private Partnership

What's next for MarillacHealth?

Looking ahead, the strategic deployment of these funds will likely focus on the expansion of clinical infrastructure and the optimization of patient care workflows. As MarillacHealth continues to navigate the complexities of the healthcare sector, the focus will remain on scaling their team-based care model to accommodate rising demand. Future growth initiatives are expected to prioritize the modernization of dental facilities and the expansion of behavioral health outreach programs, ensuring that the organization remains resilient in the face of evolving community health needs. By maintaining a focus on sustainable growth and operational excellence, MarillacHealth is well-positioned to continue its mission of providing equitable healthcare access to all community members.

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Frequently Asked Questions Regarding MarillacHealth Financial Insights

What are the most recent funding rounds that MarillacHealth has completed, and what were the funding rounds?
MarillacHealth has recently completed 2 funding rounds: Grant on Apr 1, 2021, Debt on Apr 10, 2020.
What is the total amount of funding MarillacHealth has raised to date?
MarillacHealth has raised a total of $3.9M in funding to date.
How many funding rounds has MarillacHealth completed?
MarillacHealth has completed 2 funding rounds.
How much funding did MarillacHealth raise in its most recent funding round?
MarillacHealth raised $2.9M in its most recent funding round.
Who are the lead investors in MarillacHealth's latest funding round?
The lead investor in MarillacHealth's latest funding round was American Rescue Plan. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in MarillacHealth's history?
The largest funding round in MarillacHealth's history was $2.9M.
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