Monday, January 13, 2014
Capital Link to Provide Training for CDFIs to Advance Lending to Health Centers
Community health centers constitute the largest network of primary care providers in the United States, serving more than 22 million patients at almost 9,200 sites across the country. As a result of the Affordable Care Act (ACA), health centers are poised to grow to serve 30 to 40 million patients on an annual basis over the next several years.
With many of the provisions of the ACA going into effect in 2014, health centers need to expand their operations now in order to provide their comprehensive model of care to a growing patient base. Community Development Financial Institutions (CDFIs) are stepping forward to help by participating in a new Capacity Building Initiative supported by the U.S. Dept. of the Treasury’s CDFI Fund.
Through this effort, CDFIs will develop the skills to successfully finance community health centers in medically underserved markets. The Opportunity Finance Network (OFN) partnered with leading industry experts—Capital Link, Primary Care Development Corporation, and Capital Impact Partners—to develop a new training and technical assistance program for CDFIs.
Foundations in Financing CHCs Trainings
Six, free two-day training workshops will be offered to provide CDFIs with a comprehensive overview of the CHC landscape and how CDFIs can provide financial services to CHCs. The Foundations training workshops will be held from January through June 2014. See a list of the trainings here. CDFIs can apply to attend here.
Comprehensive individual and group technical assistance will be available to CDFIs that attend one of the Foundations trainings. There will also be a schedule of technical assistance webinars open to everyone.
Advanced Financing CHC Forum
In addition, OFN and the National Association of Community Health Centers (NACHC) are co-convening an Advanced Forum on financing CHCs that brings together CDFIs and other stakeholders to share best practices and to interpret the fluid CHC operating environment. This network of CDFIs with experience lending to CHCs is meeting regularly in person and by phone to evaluate innovations and provide up-to-date analysis of the rapidly evolving health care environment. Capital Link is pleased to be involved in this initiative. Visit our website at www.caplink.org/newsevents/events for more information.