How Much Did QueensCare Raise?
Funding & Key Investors

QueensCare, a cornerstone of community-based medical services in Los Angeles, has successfully secured a total capital infusion of $7.2M. This financial milestone includes a recent strategic investment of $5.2M, which serves to bolster the organization's capacity to deliver essential primary and preventative care to underserved populations. By leveraging these resources, the non-profit continues to uphold its long-standing commitment to health equity, ensuring that financial barriers do not impede access to quality medical attention for the residents of Los Angeles.

What is QueensCare?

QueensCare
Hospitals & Physicians ClinicsPhysicians Clinics

Established in 1897, QueensCare Health Centers operates as a 501(c)(3) non-profit and a federally qualified health center. The organization maintains a robust network of five health centers strategically positioned throughout Los Angeles to serve low-income communities. With a legacy rooted in the mission of the Franciscan Sisters of Sacred Heart, the entity focuses on providing comprehensive healthcare services regardless of a patient's ability to pay. Its market position is defined by its role as a critical safety net provider, integrating preventative medicine with primary care to address the systemic health disparities prevalent in urban environments.

How much funding has QueensCare raised?

QueensCare has raised a total of $7.2M across 2 funding rounds:

2020

Debt

$2M

2021

Grant

$5.2M

Debt (2020): $2M with participation from PPP

Grant (2021): $5.2M led by American Rescue Plan

Key Investors in QueensCare

American Rescue Plan

A federal legislative initiative providing emergency financial support to public health entities and community organizations to mitigate the impact of the pandemic.

PPP

Public-Private Partnership

What's next for QueensCare?

With the recent influx of capital, QueensCare is positioned to scale its operational infrastructure and enhance its service delivery models. The organization is expected to prioritize the expansion of its clinical footprint and the modernization of its patient care systems to meet the evolving demands of the Los Angeles community. By maintaining its focus on sustainable growth and community-centric health initiatives, QueensCare aims to solidify its status as a premier provider of accessible healthcare, ensuring long-term viability and continued impact in the public health sector.

See full QueensCare company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Hospitals & Physicians Clinics industry

Hospitals & Physicians ClinicsPhysicians ClinicsMedical Practice Management
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare ServicesMental Health & Rehabilitation Facilities
Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare ServicesMedical Laboratories & Imaging Centers
Hospitals & Physicians ClinicsMedical & Surgical HospitalsPhysicians Clinics

Frequently Asked Questions Regarding QueensCare Financial Insights

What are the most recent funding rounds that QueensCare has completed, and what were the funding rounds?
QueensCare has recently completed 2 funding rounds: Grant on Apr 1, 2021, Debt on Apr 15, 2020.
What is the total amount of funding QueensCare has raised to date?
QueensCare has raised a total of $7.2M in funding to date.
How many funding rounds has QueensCare completed?
QueensCare has completed 2 funding rounds.
How much funding did QueensCare raise in its most recent funding round?
QueensCare raised $5.2M in its most recent funding round.
Who are the lead investors in QueensCare's latest funding round?
The lead investor in QueensCare'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 QueensCare's history?
The largest funding round in QueensCare's history was $5.2M.
See more information about QueensCare