Until recently, the New Markets Tax Credit (NMTC) Program was one of several tax credit programs that required annual approval and appropriation through the federal budget process. In December 2015, the situation changed when Congress approved the program for five more years (2015-2019) at an annual appropriation of $3.5 billion. While the program is still not permanent, this extension provides a welcome degree of certainty to the industry. Health centers with capital project plans will have the time to find and secure a site in a qualifying census tract and, if necessary, conduct a multi-year capital campaign with reasonable confidence that the credits will be available when it is ready to begin building.

Our latest resource publication, Spotlight on Capital Resources: New Markets Tax Credit Program Extension, is designed to help health centers better understand the extension and its implications. The third in a series of NMTC Program resources published by Capital Link, this resource also describes the steps necessary for preparing to utilize NMTCs for your capital project (including a discussion on new constraints on the use of the “one-day loan” structure) and the feasibility of using a “developer fee” in the transaction to increase investment in your project.

To access this new resource, please click here.

 
 
To help health centers take advantage of this opportunity, we will also be hosting a webinar, Financing Health Center Projects with New Markets Tax Credits, on Thursday, October 13, 2016, from 2-3 pm ET. This work session will acquaint participants with the benefits provided by using NMTC, how to obtain them, and how to structure and close transactions. We will discuss some near-term opportunities arising from the historically large 2015-2016 allocation round. Register by clicking here

Using data and technology, organizations can now move beyond simply tracking the past to anticipate the future through the use of predictive analytics, technology that learns from experience [data] to predict the future behavior of individuals in order to drive better decisions. Predictive analytics is now becoming more applicable to health care, and will eventually become essential for health centers to improve patient care, reduce costs, and negotiate favorable contracts with payers.

Health centers can utilize predictive analytics in a multitude of ways, furthering its consideration and implementation of patient engagement, patient compliance, chronic disease management, regulatory compliance, avoidable deaths, hospital readmissions, public health, waste and abuse, and health outcomes. And this is only the beginning. Predictive analytics is in its infancy within health care, and the exponential pace of technological advancements will identify additional uses and benefits we have yet to consider.

 

 
Capital Link and the National Association for Community Health Centers (NACHC) have just released, Predictive Analytics: An Overview for Community Health Centers. The purpose of this publication is to:
 
  • Define predictive analytics
  • Provide an overview of its history and development
  • Address the data and resources needed to predict a patient’s future behavior
  • Identify how a health center can begin utilizing it
  • Include specific examples of how it has been successfully used
  • Clarify health centers’ understanding and expectations of predictive analytics

 

 Access this publication at no cost here and at MyNACHC.  

Health centers that have made the decision to obtain certification as a Patient-Centered Medical Home (PCMH) seek to improve quality, outcomes, patient and staff satisfaction, and to prepare for new reimbursement methodologies. However, this endeavor comes with challenges. Capital Link announces the release of two new resources for health centers that support a patient-centered, team-based model of primary care delivery. These resources, developed with support from the Health Resources and Services Administration, address the issues health centers face in creating and sustaining an organizational culture and facility design that support a PCMH and provide strategies for success.

 

 
Developing an Organizational Culture that Sustains the Patient-Centered Medical Home: Lessons Learned examines the cultural challenges and successes health centers face in transforming to this new model of primary care delivery, offering considerations for the patient, family, and staff experience and flexible organizational structures to support team-based care delivery. 
 
Click here to access this resource. 
 
 
 
 
 
 
 
 
Creating a Place for Care: Fostering Alignment and Eliminating Barriers in the Patient-Centered Medical Home provides health centers with insight on how to respond to and reflect the unique needs and preferences of the patients they serve in order to align their facility design with their process of care, and the people they support.
 
Click here to access this resource. 
 

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