The Florida Department of Health (DOH) has announced the launch of the Florida Health Care Innovation Loan Program, a landmark initiative designed to strengthen the state’s health care system through innovation, technology, and workforce development. The annual $50 million revolving loan fund will provide low-interest financing for licensed health care entities implementing creative solutions that improve access, quality, and efficiency in patient care.

Created under Section 381.4015, Florida Statutes, the Health Care Innovation Program was established to identify and fund projects that enhance patient outcomes, reduce costs, and reinforce the state’s health care workforce. The program is overseen by the Florida Health Care Innovation Council, chaired by Lieutenant Governor Jay Collins, and composed of agency leaders and private-sector experts representing medicine, technology, finance, and patient advocacy.

The program’s core objectives include reducing strain on Florida’s health care workforce, improving patient outcomes, limiting unnecessary hospital and emergency department visits, and expanding access to care — particularly in rural and underserved communities.

Application Details

Applications are now being accepted at HealthCareInnovationLoan.FloridaHealth.gov/LAP. The portal provides a secure and streamlined application process, along with eligibility details and resources for applicants.

Eligible applicants include health care entities licensed, registered, or certified by the Agency for Health Care Administration (AHCA) — such as hospitals, nursing homes, assisted living facilities, and home health agencies. Educational institutions and organizations that partner with eligible health facilities for clinical training may also apply.

Key Program Features

• Low-interest loans covering up to 80% of project costs
• Loan amounts up to $5 million per project
• Priority for rural and underserved areas
• Focus on measurable health care improvements

Projects may target technology adoption (such as telehealth or AI), workforce development, or new care delivery models that improve efficiency and patient access.

Opportunities for Home Care Providers

For Florida’s home health and home care providers, the program offers a timely opportunity to secure state support for initiatives such as workforce development, technology modernization, or new models of in-home service delivery. With a clear emphasis on improving efficiency and expanding access to care, the initiative aligns closely with the mission and daily operations of home-based care providers.

Geoff Fraser, a recognized leader in Florida’s home care industry and Founding Partner of Clear Choice Health Care, serves as a voting member of the Health Care Innovation Council. His leadership ensures that home- and community-based services remain a central part of Florida’s health care innovation strategy, particularly in improving outcomes, reducing costs, and strengthening the workforce.

Connecting Innovators to Funding

In addition to the revolving loan program, the Health Care Innovation initiative connects applicants to a funding clearinghouse — a searchable database of more than 140 federal, state, and private funding opportunities, including grants, venture capital, and incentive programs.

Florida’s new Health Care Innovation Revolving Loan Program represents a significant investment in the state’s health care future, with $50 million available annually to fuel innovation. Home care providers are encouraged to explore participation — especially for projects that advance workforce development, technology integration, and patient-centered care in the home setting.

For more information or to apply, visit HealthCareInnovationLoan.FloridaHealth.gov/LAP.