A National Imperative: Joining Forces to Strengthen Human Services in America (Jan 2018)

CASE STUDY: DIGNITY HEALTH PROVIDING CAPITAL TO HUMAN SERVICES CBOs IN CALIFORNIA

As part of its mission to address the needs of underserved communities, California-based hospital system Dignity Health provides a variety of resources and funding opportunities to human services CBOs and healthcare providers. Dignity Health recognizes the importance of programs and services provided by CBOs and local health providers in tackling the social determinants of health. The organization also recognizes that financially strong organizations are better positioned to deliver services that improve the health and well-being of individuals, families, and communities. To this end, Dignity Health provides direct loans, lines of credit, and capital guarantees to organizations committed to strengthening underserved communities. Investment terms are highly favorable, and interest rates are typically at or below-market. One of Dignity Health’s programs looks to provide emergency loans to cash-strapped CBOs and healthcare providers impacted by delayed payments from government funders. As part of this program, Dignity Health maintains a more than $20M loan fund, which is used to provide short-termworking capital to organizations facing financial hardship.

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