Rural Hospital Financial Stabilization Grant

The Texas Health and Human Services Commission (HHSC) is offering the Rural Hospital Financial Stabilization Grant to provide financial support to rural hospitals in Texas to help them transition to long-term financial solvency and sustainability. Eligible applicants include hospitals classified as rural, licensed by HHSC for 25 or fewer beds, and able to demonstrate financial need as per the specified tiers. The application deadline is June 21, 2024, at 5:00 p.m. Central Time. The project period begins on the grant agreement effective date and concludes on August 31, 2025. Award amounts vary by need tier: $100,000 for Tier 1 (Basic Need), $175,000 for Tier 2 (Moderate Need), and $250,000 for Tier 3 (High Need), with a total of $4,500,000 available for distribution.