Health Care Innovation Revolving Loan Program
Florida's Health Care Innovation Revolving Loan Program funds projects that improve health care quality, efficiency, and patient outcomes through innovative solutions statewide.
Funder: Florida Department of Health
Due Dates: Rolling (multiple application periods per year)
Funding Amounts: $50 million available annually through 2034 | Up to $5 million per project | 10-year repayment, max 1% interest
Summary: Low-interest loans to support innovative health care projects that improve quality, efficiency, and patient outcomes across Florida.
Key Information: Loans cover up to 50% of project costs (up to 80% for rural/underserved applicants); priority for rural hospitals, Medicaid providers, and underserved communities.
Description
The Health Care Innovation Revolving Loan Program, established by the Florida Department of Health in 2024, provides low-interest, repayable loans to support the implementation of innovative health care solutions throughout Florida. The program aims to fund projects that enhance the quality and delivery of health care, improve system efficiency, support workforce needs, advance patient outcomes, and achieve cost savings without reducing care quality. With a $50 million annual allocation through 2034, the program is a central component of Florida’s strategy to modernize its health care system and foster a culture of innovation.
