1 / 7

Introduction to Capital Link and FQHC Financing Needs

Introduction to Capital Link and FQHC Financing Needs. Presented by : Allison Coleman, CEO Capital Link. Capital Link - Mission. Established through the community health center movement, Capital Link helps health centers grow by providing:

uri
Download Presentation

Introduction to Capital Link and FQHC Financing Needs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Introduction to Capital Linkand FQHC Financing Needs Presented by: Allison Coleman, CEO Capital Link

  2. Capital Link - Mission • Established through the community health center movement, Capital Link helps health centers grow by providing: • Industry vision and leadership in the development of capitalization strategies for facilities and operational expansion • Metrics and analytical servicesfor measuring health center impact, evaluating financial and operating trends and promoting performance improvement • Direct assistanceto health centers and complementary nonprofit organizations in planning for and financing operational growth and capital needs • Community Health Center Capital Fund is Capital Link’s CDFI affiliate www.chc-capitalfund.org

  3. Industry vision and leadership • What are we doing? • Training CDFIs to be better lenders to FQHCs • Collaborating to develop the Lenders Coalition for Community Health Centers • Working with NACHC and PCAs to advocate for health center growth strategies

  4. Metrics and analytical services • What are we doing? • Assessing FQHC capital needs • Providing FQHC industry financial and operational benchmarks for: • Health center performance improvement • Lender/investor metrics for lending • See: Community Health Center Financial Perspectives Series, funded by Citi Foundation http://caplink.org/resources/reports • Working on a “next generation” database to provide interactive, real-time financial and operational data

  5. Direct assistanceto health centers • What are we doing? • “Soup to Nuts” growth and capital planning TA, including raising capital from many sources • Results to date: • Raised $927 million for 205 projects totaling $1.14 billion • $485 million in NMTC financing (52%) • $270 million in tax-exempt bond financing (29%) • $172 million from other sources (19%) • 3.25 million SF of space developed • 15,450 construction-related jobs and $2 billion to overall economic impact from construction • Space accommodates 1,665providers and 9,100 FTEs • Services for 1.3 million patients through 5.2 million annual visits

  6. What’s Next for the FQHC Industry? • Projected patients by 2018: 32 million • Up from 22 million in 2012 (7.6% YOY growth) • Capital Needs of ~$10.3 billion • $6.9 billion on-balance sheet (67%) • $3.4 billion leased space (33%) • Estimated funding gap for HC-owned space • $4.8 billion, of which at least $2.7 billion is needed in debt financing

  7. Massachusetts 40 Court Street 10th Floor Boston, MA 02108 Phone: (617) 422-0350 Fax: (617) 542-0191 acoleman@caplink.org Main Office: Contact Us Satellite Locations: California 979 Osos Street Suite B3 San Luis Obispo, CA 93401 Phone: (805) 544-2355 Fax: (805) 544-7919 Missouri 2158 Roselake Circle St. Peters, MO 63676 Phone: (636) 244-3082 Washington 1920 Main St. Suite 18 Ferndale, WA 98248 Phone: (360) 312-0481 West Virginia 140 Hummingbird Lane Shepherdstown, WV 25443 Phone: (304) 876-6996

More Related