What is QueensCare?
QueensCare Health Centers, originally founded in 1897 by the Franciscan Sisters of Sacred Heart, operates as a 501(c)(3) non-profit, federally qualified health center. The organization is dedicated to offering accessible healthcare services, irrespective of a patient's ability to pay, to low-income residents across Los Angeles. With five health centers strategically located throughout the city, QueensCare continues its enduring mission of delivering essential preventative and primary care to underserved communities.
How much funding has QueensCare raised?
QueensCare has raised a total of $7.2M across 2 funding rounds:
Debt
$2M
Grant
$5.2M
Debt (2020): $2M with participation from PPP
Grant (2021): $5.2M led by American Rescue Plan
Key Investors in QueensCare
PPP
Public-Private Partnership
American Rescue Plan
The American Rescue Plan is a $1.9 trillion economic stimulus bill passed in March 2021 to address the economic and health crises resulting from the COVID-19 pandemic. Its funding to QueensCare indicates support for public health initiatives and community services.
What's next for QueensCare?
The recent major strategic investment signals a commitment to bolstering QueensCare's operational capacity and expanding its reach within Los Angeles. This infusion of capital is expected to enhance the delivery of preventative and primary care services, reinforcing the organization's long-standing mission to serve low-income populations. Future initiatives will likely focus on strengthening community health infrastructure and ensuring continued accessibility to quality healthcare for all residents.
See full QueensCare company page
