HealthNet

What HealthNet does

HealthNet is a nonprofit Federally Qualified Health Center (FQHC) founded in 1968 and headquartered in Indianapolis, Indiana, operating a network of nine fixed health center locations and a mobile health unit across Marion, Monroe, and Morgan counties. The organization provides comprehensive medical, dental, behavioral health, OB/GYN, pediatric, pharmacy, and specialty care (eye care, podiatry, chiropractic, rheumatology, dermatology) to medically underserved populations, accepting Medicare, Medicaid, Hoosier Healthwise, Healthy Indiana Plan, commercial insurance, and uninsured patients on a sliding fee scale. HealthNet delivers over 2,000 babies annually and serves more than 60,929 individuals each year, with 96% of pharmacy patients at or below 200% of the federal poverty level.

HealthNet's technology stack is built on third-party platforms: eClinicalWorks for electronic health records, the healow patient portal and Healow Pay for patient access and billing, Doximity Dialer for video telehealth visits, Swellbox for medical records transfer, and integration with the Indiana Health Information Exchange (IHIE) and Indiana Network for Patient Care (INPC) for cross-provider data sharing. Digital tools are layered atop a predominantly physical care model that includes school-based clinics, a homeless initiative program, and a mobile health unit reaching rural communities.

Revenue is generated through government healthcare reimbursements (Medicare, Medicaid, federal Section 330 grants via HRSA), commercial insurance billing, patient fees on a sliding scale, and foundation grants (notably a $2 million United Health Foundation grant in 2022 and $270,000 from BD/Direct Relief/NACHC in 2022). As a 501(c)(3), all surplus is reinvested into community health. Distribution relies on community outreach, enrollment services for Medicaid/Marketplace sign-ups, school-based clinics, and a multilingual staff serving English, Spanish, Burmese, and Hakha Chin speakers. HealthNet holds Joint Commission accreditation and NCQA Patient-Centered Medical Home recognition.

Name

HealthNet

Legal name

HealthNet, Inc.

Website

https://indyhealthnet.org

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

501–1,000 employees

Short description

HealthNet is a nonprofit Federally Qualified Health Center operating nine clinics and a mobile unit across central Indiana, delivering integrated medical, dental, behavioral health, OB/GYN, and pharmacy care to over 60,000 medically underserved patients annually regardless of ability to pay.

Ownership category

akta.pro rank

Product category

Community Health Services

NAICS

Ambulatory Health Care Services (621), Other Outpatient Care Centers (62149)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Community Health Centers (FQHCs & Look-Alikes) (HLAFAGAB)

akta.pro secondary industries

School-Based Health Centers (HLAFAGAG), Primary Care Networks, Groups & MSOs (HLAFAGAE)

Keywords

• Community health services
• Primary medical care
• Dental care services
• Behavioral health services
• Pharmacy services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Government Healthcare Reimbursements: HealthNet receives reimbursements from Medicare, Medicaid (including Hoosier Healthwise and Healthy Indiana Plan), and other government healthcare programs for services rendered to eligible patients.
2. Commercial Insurance: Billings to commercial insurance plans for covered healthcare services at HealthNet's clinic locations.
3. Patient Fees (Sliding Fee Scale): Reduced-cost fees charged to patients based on income and family size through a sliding fee discount program for those who qualify and are uninsured or underinsured.
4. Federal Grants & Charitable Funding: HHS funding (Health Resources and Services Administration), foundation grants from United Health Foundation, BD/Direct Relief/NACHC partnerships, and other donor support to fund operations and specific programs like chronic disease management and mobile health expansion.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

HealthNet operates a network of federally qualified health centers (FQHCs) providing comprehensive primary medical care, dental, behavioral health, OB/GYN, pediatrics, pharmacy, and specialty care services to medically underserved populations across Central Indiana. Services are delivered through 9 health center locations plus a mobile health unit, with care available regardless of ability to pay via a sliding fee discount program and free insurance enrollment assistance.

Product overview

HealthNet is a federally qualified health center (FQHC) providing comprehensive healthcare services to medically underserved communities in Central Indiana. The organization operates a network of 9 health center locations plus mobile health services, offering integrated medical, dental, behavioral health, OB/GYN, pediatric, and specialty care services. Key digital products include the Healow Patient Portal for online access to health records and appointments, Video Visits for telehealth consultations via Doximity Dialer, and HealthNet Now same-day care services. The organization also operates on-site pharmacies at Barrington and People's locations in partnership with AndHealth. Specialty programs include diabetes care, HIV/PrEP services, addiction recovery, school-based health centers, and homeless initiative programs. Financial assistance is available through a sliding fee discount program based on income and family size.

Differentiator

Problem solved

Functional benefit

Brands

• HealthNet Now: Same-day urgent and sick care service offering same-day in-person and virtual appointments.
• HealthNet Pharmacy

Products and services

• Primary Medical Care Services
• Dental Services
• Behavioral Health Care
• OB/GYN Services
• Pediatrics
• Pharmacy Services
• HealthNet Now (Same-Day Care)
• Video Visits (Telehealth)
• Patient Portal (Healow)
• Mobile Health Center
• Enrollment Services
• Eye Care Services
• Podiatry Care
• Chiropractic Care
• Specialty Care at Barrington
• Addiction and Recovery Services
• HIV Services & PrEP
• Diabetes Care Team
• School-Based Health Services
• Homeless Initiative Program (HIP)
• Healthy Families Program
• Sports Physicals
• Immigration Medical Exams

Quantifiable outcome

• Serves over 60,000 individuals annually
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• AndHealthcoreStrategic or Co-development Partner · 7 May 2026HealthNet partnered with AndHealth to open an on-site pharmacy at the Barrington Health & Dental Center location. AndHealth provides pharmacy operations expertise, enabling HealthNet to offer affordable retail pharmacy, specialty medications, prescription support, and integrated care coordination. The pharmacy serves patients regardless of insurance status, with 96% of patients at or below 200% federal poverty level.
• NACHC (National Association of Community Health Centers)coreStrategic or Co-development Partner · 9 August 2022NACHC collaborated with BD and Direct Relief to award HealthNet funding through the BD Helping Build Healthy Communities program, supporting chronic disease management at community health centers.
• Indiana Health Information Exchange (IHIE)coreTechnology or IntegrationHealthNet participates in IHIE and the Indiana Network for Patient Care (INPC), enabling sharing of patient health information with other healthcare providers for coordinated care delivery.
• Indiana University School of MedicineminorStrategic or Co-development PartnerPediatric residents from IU School of Medicine provide care at HealthNet's Downtown Health Center location, supporting training and service delivery.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Indiana Health Centers: Indiana-based FQHC network providing primary care, behavioral health, OB/GYN, and pharmacy services to underserved populations. Direct FQHC peer operating in overlapping Indiana geographies with similar mission-driven, sliding-fee service model.
• Open Door Health Services: Indiana FQHC operating multiple community health center sites with integrated medical, dental, and behavioral health services. Direct FQHC peer serving similar Medicaid, uninsured, and sliding fee populations in overlapping Indiana service areas.
• HealthLinc: Indiana-based FQHC operating multiple community health centers across northern and central Indiana serving uninsured, Medicaid, and underinsured populations. Directly comparable as a same-state FQHC peer offering integrated medical, dental, and behavioral health with sliding fee programs.
• Shalom Health Center: Indianapolis-based FQHC offering medical, dental, behavioral health, and pharmacy services to underserved populations in Marion County. Direct geographic peer sharing the same Indianapolis primary care market and similar mission-driven payer mix.
• Rural Health, Inc. Illinois-based FQHC operating community health centers with mobile health units serving rural and underserved populations. Comparable as a direct FQHC peer with mobile health delivery model that mirrors HealthNet's Mobile Health Center strategy in rural Indiana counties.

Others

• CareSource: Major Medicaid managed care plan headquartered in Dayton, Ohio with significant Indiana presence. Adjacent peer as a key payer for HealthNet's Medicaid population and a strategic counterpart for value-based care contracting discussions.
• AndHealth: Community pharmacy and specialty medication operator partnered with HealthNet to operate the on-site HealthNet Pharmacy at Barrington. Strategic operating partner and adjacent ecosystem participant, not a direct competitor, but a model for FQHC-pharmacy integration.

Broad incumbents

• Indiana University Health: Indiana's largest academic health system, which directly partners with HealthNet through pediatric resident rotations at HealthNet's Downtown Health Center. Comparable as the dominant regional incumbent providing overlapping primary, OB/GYN, behavioral, and specialty services in central Indiana.
• Eskenazi Health: Indianapolis-based public safety-net hospital system with extensive outpatient primary care and FQHC-like Look-Alike clinics serving overlapping Medicaid and uninsured populations. Comparable because it operates a similar mission-driven, underserved-focused care model in the same Indianapolis geography.
• Ascension St. Vincent: Large Catholic health system operating hospitals and outpatient sites across Indianapolis including safety-net services. Broad incumbent with overlapping primary care, OB/GYN, and behavioral health offerings competing for the same Medicaid patient population.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/indyhealthnet
• Facebookfacebook.com/indyhealthnet
• Xx.com/indy_healthnet

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HealthNet