There are three main ways for healthcare organizations to finance a Virtual Care Programs for their staff and patients. They are: 1) earmarking the annual budget to finance such a program ahead of time, 2) Carving out a certain percentage of profits from monthly reimbursements 3) Use external grants to acquire the funds in order to finance such a program
This resource is written to address the third option. It will contain all grants available in the market, either from government or private charities, to fund your Virtual Care Program. It will be updated as new information become available. Once should bookmark this page, as a one stop resource to stay up to date with all grants available to finance virtual care programs. It will cover the three markets of USA, Canada and UK, our three biggest markets.
|USA||FRS Grant Program||Foundation for Rural Service||Ceiling of $5000||A telehealth program that concentrates on follow-up assessments for patients following an illness or new medical diagnosis||September 30th, 2020||https://www.frs.org/programs/grant-program/community-grant|
|USA||Digital Healthcare Interventions to Address the Secondary Health Effects Related to Social, Behavioral, and Economic Impact of COVID-19||National Institutes of Health||Ceiling of $750,000||Focus on the role and impact of digital health interventions [e.g., mobile health (mhealth), telemedicine and telehealth, health information technology (IT), and wearable devices] to address access, reach, delivery, effectiveness, scalability and sustainability of health assessments. Particularly in populations who experience health disparities and vulnerable populations.||March 2nd, 2021||https://grants.nih.gov/grants/guide/pa-files/PAR-20-243.html|
|Canada||Funding||Canada Health Infoway||Total $3.3 million available||Support the use of specialized platforms for virtual health visits, enabling patients to connect with their care team from anywhere using any available internet connection.||Not disclosed||https://www.infoway-inforoute.ca/en/5266-solutions/rapid-response-to-covid-19/8670-3-3-million-in-funding-will-support-virtual-health-care-across-british-columbia-during-covid-19-and-beyond|
|Canada||Multi-Sectoral Partnerships to Promote Healthy Living and Prevent Chronic Disease||Public Health Agency of Canada||A minimum of $200,000 up to a maximum of $5 million. Requires 1:1 matched funding.||Multi-sectoral partnerships,must be able to demonstrate measurable results, be founded in evidence and have the potential to be expanded and/or scaled-up into other parts of Canada, or to address other chronic diseases or risk factors.||Open. Currently accepting letters of intent.||https://www.canada.ca/en/public-health/services/funding-opportunities/multi-sectoral-partnerships-promote-healthy-living-prevent-chronic-disease.html|
|UK||Biomedical Catalyst 2020||Innovate UK||Between £250,000 and £4 million.||To develop a product or process that is an innovative solution to a health and care challenge.||7th October, 2020||https://apply-for-innovation-funding.service.gov.uk/competition/623/overview|