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Find similar grantsHealth Care Innovation Loan Program is sponsored by Florida Department of Health (administered with the Health Care Innovation Council). Provides capital to eligible entities and innovators seeking to implement transformative, patient-centered health care solutions, service delivery models, and technological efficiencies in Florida.
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Health Care Innovation Loan Program - Florida Department of Health Established in 2024, the Health Care Innovation Loan Program, administered by the Florida Department of Health with recommendations from the Health Care Innovation Council, provides low-interest loans to eligible entities seeking to implement innovative health care solutions.
Unlike grants, these funds are intended to be repaid, ensuring the program’s sustainability and continued support for health care advancements. These loans are designed to support projects that improve the quality and delivery of health care across Florida, demonstrate a significant impact on health care efficiency, workforce support, patient outcomes, and cost savings while maintaining high-quality care.
Health Care Innovation Council Works to transform Florida’s health care system through patient-centered service delivery models to improve care quality, efficiency, and accessibility, putting patients first, while reducing costs for the state. Loans cover up to 50% of total project costs, or up to 80% for rural or underserved area applicants.
Up to $5 million per project Nonprofit Medicaid providers Innovative technology implementation Service delivery model adoption Health care providers licensed, registered, or certified by the Florida Agency for Health Care Administration , per section 408. 802, F. S.
, except for those specified in subsections (1), (3), (13), (23), or (25) Education or clinical training providers partnering with above eligible health care entities Priority is given to rural hospitals and nonprofit entities that accept Medicaid patients, particularly in rural or medically underserved areas designated by the Florida Department of Health.
View all Eligibility Guidelines The Health Care Innovation Loan Program is not currently accepting applications. Please check back for updates. Subject to loan funding allocations by the Florida Legislature and in coordination with the Health Care Innovation Council , the Florida Department of Health may set multiple application periods each fiscal year (up to four periods annually).
Applications are reviewed by the council based on: Potential to increase health care system efficiency Impact on reducing workforce strain Improvement in patient outcomes Expansion of public access to health care Cost savings without reducing quality Visit the Application Portal Pursuant to section 381. 4015(8), Florida Statutes, the following table contains information related to the loan recipients to date.
FY / Loan Cycle Entity Name Project Title/Overview Loan Amount Loan Agreement Quarterly Reports 2025-26 / 01 Blackstone Medical Services LLC Mobile App for Expanded Access to Home Sleep Testing: This project will deploy an AI-driven app integrating telehealth, automated workflows, and low-cost sensors to streamline diagnosis, improve completion rates, and reduce healthcare costs for sleep apnea across Florida.
$600,000 Coming Soon Coming Soon 2025-26 / 01 Calhoun Liberty Hospital Restoring Full Inpatient Capacity and Health Innovation Project: This project includes a $7.
75M smart-care expansion that restores inpatient capacity lost after Hurricane Michael by adding 16 technology-enabled beds and modern infrastructure to improve rural access, reduce transfers, support telehealth, and strengthen long-term sustainability for patients across four Florida counties.
$5,000,000 Coming Soon Coming Soon 2025-26 / 01 Hendry Regional Medical Center (HRMC) HRMC 340b Project: This project aims to purchase an old CVS pharmacy to pass on 340b drug savings to patients and employees and be able to provide other telehealth services.
$4,000,000 Coming Soon Coming Soon 2025-26 / 01 Jackson Hospital Surgical Robotics Program Expansion – da Vinci 5 Acquisition: This includes the acquisition of a da Vinci 5 robotic system to bring minimally invasive surgery to a rural hospital for the first time, improving patient outcomes, reducing complications, and expanding local access to advanced surgical care without added costs.
$2,538,500 Coming Soon Coming Soon 2025-26 / 01 Old Cutler Retirement Home Behavioral Assisted Living Expansion and Innovation Initiative: This project focuses on expanding behavioral assisted living capacity by integrating housing, psychiatric care, tele-mental health, mobile outreach, and specialized workforce training into a single preventive care model designed to stabilize high-need individuals, reduce hospital and justice-system cycling, and create a scalable, technology-enabled solution for Florida’s underserved psychiatric population.
$200,000 Coming Soon Coming Soon 2025-26 / 01 Open Arms & Heart Services Integrated Pediatric and Disability Care Hub: The scope of this project will combine PPEC, skilled home health, and medical transportation services into a single technology-enabled model to improve care continuity, reduce hospitalizations, and expand access for medically fragile children and individuals with disabilities in underserved communities.
$900,000 Coming Soon Coming Soon 2025-26 / 01 Special Friends Inc. Skilled Nursing and Private Duty Nursing Expansion Project: This project will broaden home health services across 15 counties by adding skilled and private duty nursing, implementing EMR-enabled care coordination, and launching workforce training partnerships to improve access, reduce hospitalizations, and strengthen staffing in underserved areas.
$150,000 Loan Agreement Coming Soon Total loan funds disbursed to date: $13,388,500 Note: The loan agreements and quarterly reports will be added to the table once they are available. FY 2025-26 HCI Loan Program Funding Report Health Care Innovation Council and Loan Program
According to the current listing, eligibility includes: Healthcare innovators, businesses, and entities implementing healthcare delivery and technological improvements impacting Florida. Confirm the full requirements in the official notice before applying.
The current listing shows up to $5 million per project (covers up to 50% of total project costs, or 80% for rural/underserved applicants). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Health Care Innovation Loan Program is funded by Florida Department of Health (administered with the Health Care Innovation Council). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Florida. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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