Rural Hospitals – Funding & Opportunities

MultiPlan Rural Health Grant
Grants to help healthcare providers in rural areas introduce or expand services, education, screenings and other programs aimed at improving the health of people in their communities.

New Markets Tax Credit (NMTC) Program
Tax incentives for investments in business and economic development projects in distressed rural and urban counties, including capital investments in healthcare facilities. Investors give to Community Development Entities who then offer low-interest financing to businesses; in return for their investment, investors receive a tax credit against their federal income tax.

American Hospital Association Next Generation Leaders Fellowship
A fellowship program designed to empower healthcare leaders to bring about lasting change in the hospital and health systems in which they serve. Rural applicants are encouraged.

Rural Economic Development Loan and Grant Program (REDL and REDG)
Loans and grants to assist in the economic development of rural areas, including funds for healthcare facilities and equipment, telecommunications networks, and job creation projects.

HUD Section 242: Hospital Mortgage Insurance Program
Loan and mortgage insurance program to help acute care hospital facilities with remodeling, expansion, modernization, equipment, refinancing, and acquisition. Critical Access Hospitals are eligible to apply.

NRHA Rural Hospital CMO Certification Program
A rural hospital leadership and certification program for rural hospital CMOs.

NRHA Rural Hospital HR Certification Program
A hospital leadership and certification program for rural hospital human resource professionals.

Primary Care Development Corporation Financing and Technical Assistance
Primary Care Development Corporation is a Community Development Financial Institution that provides loan products, training, resources, and technical assistance/business development services for healthcare providers in under-resourced communities with the goal of transforming and expanding primary care. Rural providers are encouraged to apply.

Rural Health Care Program – Healthcare Connect Fund
Provides assistance to healthcare providers for eligible expenses related to broadband connectivity at a flat discounted rate of 65%. Participants can apply as a member of a consortium or a stand-alone entity.

Medicare Promoting Interoperability Program Hardship Exception Application Inactive
CMS eligible hospitals and Critical Access Hospitals (CAHs) may be exempted from the Medicare Promoting Interoperability payment adjustment if they can show that compliance with the requirement for being a meaningful EHR user would result in a significant hardship. Eligible hospitals and CAHs may submit a hardship exception application each year for a maximum of 5 years.