InfrastructureFQHCs

Chicago FQHC sustainability

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Projected cumulative result
2025–2030[?]
 
Weighted operating margin
 
Cohort total revenue · FY
 
Grant dependence[?]
govt grants ÷ total revenue (weighted)

Cohort selection

19 of 19 selected

Filter with the buttons or check any combination — metrics, charts, map & sensitivity recompute. Subset CIs are approximate.

Site network

· dots colored by parent-org fragility, non-selected greyed. Click a site for detail.

Cohort revenue vs. expenses

Solid: actuals from IRS Form 990[?] (2016–2023). Dashed: COVID-controlled projection median; shaded = 80% CI (bootstrap).

Cohort weighted operating margin

Revenue-weighted margin across the cohort. Reference line at 0% (break-even). Grey = COVID years, controlled out in the projection.

Methodology & caveats

What this is
19 Chicago federally qualified health center organizations. Financials from IRS Form 990 (2016–2023, compiled by Third Horizon). Trajectory uses the same engine as the hospital tool: COVID-controlled OLS on operating margin, empirical-Bayes shrinkage across the FQHC cohort, 10,000-draw bootstrap for intervals. Sites + services from a manually-scraped directory (141 sites), HRSA cross-check pending.
FQHC economics differ from hospitals
FQHCs run thin, grant-supported margins (not commercial profit). The key vulnerability is grant dependence — government grants as a share of revenue — which exposes a center to the federal Health Center Fund cliff. "Operating-deficit" flags centers already spending more than they take in.
Limitations
Org-level 990 financials only (HRSA UDS payer-mix/patients/cost-per-patient layer pending). Two orgs lack a credible trajectory fit (volatile reporting). Site→org rollup matches 119 of 141 sites by name; the rest show as unaffiliated. 990s reflect the whole filing entity, which for multi-service orgs can exceed clinic operations.