All the co-founders of Yuvo Health, a startup that helps community health centers access lucrative value-based contracts with Medicaid, come from diverse backgrounds. That representation serves a purpose beyond checking boxes, says Janel Sia, co-founder and chief operating officer. The four-founder team's diversity across race and gender has helped them understand the healthcare experience of people of color and, thus, boosted their ability to address equity issues accordingly. Sia adds that because some members of the team had at one point received services from federally qualified health centers, which are the company's clients now, it better informs them about which immediate needs to address.
What exactly are federally qualified health centers, and why is their work important?
FQHCs are our nation's safety-net providers, giving quality care to those who need it most and serving many Medicaid beneficiaries and people living in poverty. Studies have suggested at least 20 million people living in more than 4,000 medically underserved areas across the country would need their services.