UnitedHealthcare has invested $19 million to help construct and enhance several health centers in California that provide services to underserved communities in Santa Barbara, Solano and Santa Clara counties, the healthcare insurer announced.
The investments, made through New Market Tax Credits in partnership with U.S. Bank, allow the purchase of tax-exempt revenue bonds to combine resources with other project partners
This includes creating a two-store integrated healthcare facility known as the La Clínica Vallejo Expansion Project, which will let the center double and accept approximately 60,000 patient visits a year.
In Santa Clara County, a $3.8 million purchase was part of a $6.8 million renovation project for Lincoln Glen Manor for Senior Citizens. The project will convert 11 independent living Apartments into 17 memory care units, and remodel the Central Manor and Skilled Nursing Facility. Lincoln Glen is in the Willow Glen area of San Jose.
“These investments, combined with the support from other partners, will help improve access to care and services for individuals and families in the communities served by these health organizations,” said Rob Falkenberg, CEO of UnitedHealthcare of California. “Our shared commitment to these community health centers and facilities will help enhance services and quality of care that will benefit many patients in the region for years to come.”