Legacy Community Health And Canton & Company Launch Joint Venture To Advance Community Health And Wellness
Monarch Health Solutions aims to be a catalyst for progress by providing support for Community Health Centers with first-of-its kind suite of proven managed services
Legacy Community Health, the largest Federally Qualified Health Center (FQHC) in Texas, and Canton & Company, a leading healthcare growth and innovation firm, today announced the launch of Monarch Health Solutions (Monarch). Monarch will focus exclusively on Community Health Centers (CHCs), including the nation’s nearly 1,400 FQHCs, to deliver purpose-built solutions to help these mission-critical organizations succeed in today’s evolving healthcare landscape while also enabling them to reach more of the underserved and increase their collective impact.
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The launch of Monarch comes at a time when CHCs face the dual pressures of recovering from COVID-19 and adapting to the reality of value-based care. Those pressures are compounded by the increase in patients who need their services, as CHCs represent an incredibly large proportion of America’s healthcare system. In 2019, there were more than 252,000 full-time CHC providers and staff serving nearly 30 million patients. According to the Health Resources and Services Administration, 1 in 12 people across the United States rely on CHCs for care including 3.5 million low-income patients living in public housing, 1.4 million homeless patients, 1 million agricultural workers, and more than 355,000 veterans.
“We are excited for Monarch to provide much needed support to Community Health Centers. Monarch will provide business solutions to help relieve administrative burdens and allow them to focus on what they do best – providing necessary healthcare to underserved populations,” said Katy Caldwell, CEO, Legacy Community Health Services.
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“We’ve worked with Community Health Centers for years and have been amazed at their passion and commitment to serving their neighbors in need – especially through the most dire and difficult of circumstances like the COVID-19 pandemic,” said Don McDaniel, CEO, Canton & Company. “These individuals are heroes hidden within our healthcare system who have had a life-changing impact on millions of patients and families. Monarch is dedicated to empowering them to strengthen their operational and financial capabilities while remaining laser-focused on delivering top-quality care and ensuring equitable access to health for future generations of Americans.”
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