The REACH Healthcare Foundation was established in 2003 with proceeds from the sale of Health Midwest, a regional nonprofit healthcare organization purchased by Hospital Corporation of America. The first board of directors was appointed in 2003, marking the beginnings of the organization and its commitment to improving health care access and quality. The foundation was approved by the IRS as a 501(c)(3) charitable organization in May 2004, and the following month received nearly $100 million in initial assets. The foundation received subsequent contributions.
Historically, REACH has focused its community investments in areas including primary medical care, mental health, oral health, and health policy and advocacy. Our current funding priorities are outlined within a theory of change, which describes the foundation’s three outcomes areas: Enroll All Eligible, Close the Coverage Gap and Strong Safety Net. Each outcome area aligns with the foundation’s commitment to health equity across our six-county service area.