Through a series of six monthly interactive learning sessions conducted between February and May 2021, Capital Link's Planning and Financing a Capital Project to Accommodate Integrated Care Learning Collaborative provides participants with guidance to successfully navigate the process of building or renovating facilities. Participants will receive practical direction and tools for planning, financing, and completing a capital project, as well as suggestions for organizational readiness, select financial and operational benchmarks, financial capacity, and how to begin planning for your capital project. We will also be highlighting key planning considerations related to the Patient-Centered Medical Home model of team-based, integrated care.
Introduction to the Planning and Financing a Capital Project to Accommodate Integrated Care Learning Collaborative - December 3, 2020
Readiness - Evaluating Your Market and Determining Your Operational Model and Space Requirements - March 3, 2021
Planning - Developing a Business Plan and Financial Forecast - March 24, 2021
Design & Development - Assembling and Managing a Project Team
Wednesday, April 14, 2021 from 1:00 - 2:00 PM EST
In this session, participating health centers will learn how to assemble a team with the appropriate skills to manage the project which includes its own staff as well as professionals. While complex projects may justify larger, more diverse project teams, all projects require defined roles and responsibilities for specific personnel to ensure attention to the multitude of details and tasks. Identifying those on your staff with appropriate expertise, interest, and capacity to partner with external specialists is key to a successful project.
Funding - Evaluating Your Financing Options and Fundraising Plans
Wednesday, May 5, 2021 from 1:00-2:00 PM EST
Taking into account the information participants have gathered in the planning stages, they can make a general determination about their ability to secure debt and equity sources to fund their projects. This session will explore the funding options available to finance the projects, and how best to compare and secure funds from a variety of sources. We will also discuss potential public and private funding sources, and whether to consider undertaking a capital campaign, including how and when centers should consider professional fundraising assistance. The discussion will then focus on the process of working with lenders, and how health centers can best prepare and negotiate.
Implementation - Managing a Project and Lessons Learned
Wednesday, May 26, 2021, 1:00-2:00 PM EST
For the final session, participants will be provided with expert advice about managing the project itself. Considering the steps and activities discussed thus far, participants will ideally have a good perspective of the level of involvement that both staff and partners may have from planning through implementation. In addition to further addressing planning, construction, and operational phases of a project and how they are interconnected, staff from a health center who have successfully completed a recent capital project will share their experiences, lessons, and suggested best practices.