Impact
The Family Focused Recovery Fund (FFR Fund) is ReHealth Collaborative’s inaugural fund.
ReHealth’s FFR Fund delivers concessionary debt and performance guarantee products to Volunteers of America (VOA) affiliates across the country that are working to expand or launch FFR programs.
These programs provide comprehensive medical and wrap-around services for pregnant women and parenting mothers with substance use disorder in a residential environment that also welcomes their children.
Through the FFR Fund, ReHealth offers concessionary terms and is accessible as sole or first-loss position debt, enabling mission-driven organizations to attract other investors.
Unlike other sources of capital, ReHealth products also can be used to finance service operations gaps – particularly in the early stages of program operations when cashflow challenges are most acute.
Through work with partners, ReHealth loans are collateralized by performance payments from in-market Medicaid Managed Care Organizations (or an FFR Fund guarantee if necessary).
$1MM ReHealth loan helps to open first Family Focused Recovery program in New Orleans where children will be able to live with their mothers during treatment.
Serving 120 Pregnant and Parenting Mothers Annually
Located in downtown New Orleans near University Medical Center, the Volunteers of America Southeast Louisiana program will have capacity to serve approximately 120 women annually.
Combating High Maternal Mortality Rate and Drug Overdose Death Rate in Louisiana
Louisiana ranks in the bottom 5 of states both in terms of maternal mortality (37 deaths per 100,000 live births) and drug overdose deaths (54.5 deaths per 100,000 in population), according to the National Center for Health Statistics.
To learn more about the Family Focused Recovery (FFR) program and associated scaling efforts, check out these white papers:
ReHealth has worked or is actively working with these Volunteers of America affiliates on FFR program financing:
VOA Southeast Louisiana | VOA Mid-States | VOA Ohio & Indiana | VOA Oklahoma
Building on this success, ReHealth aims to launch other Health Outcome Funds to:
Support health plans ability to scale priority Social Determinants of Health programs to multiple markets
Provide philanthropy with a mechanism to unlock larger pools of untapped capital to support mission objectives
Deliver sorely needed capital to programs addressing clinical and health-related social needs that can improve health outcomes, reduce disparities, and lower costs
