This publication outlines the main components of a capital project budget and provides assistance in estimating top-line construction costs. Observations and recommendations are based on project cost data provided by the Health Resources and Services Administration’s (HRSA’s) Fiscal Year (FY) 2021 American Rescue Plan (ARP) – Health Center Construction and Capital Improvements (C8E) grant opportunity. (Released 2022)
Strengthening Health Centers to Support Healthier Communities
Capital Link is a national, non-profit organization that has worked with hundreds of community health centers and Primary Care Associations (PCAs) for nearly 30 years to plan for sustainability and growth, access capital, improve and optimize operations and financial management, and articulate value. Established through the health center movement, Capital Link is dedicated to strengthening health centers—financially and operationally—in a rapidly changing marketplace. Learn More >
Resources
Utilizing FY2021 American Rescue Plan – Health Center Construction and Capital Improvements (ARP-Capital, C8E) data, Capital Link prepared a National Capital Grants for FQHCs Value & Impact infographic to show the impact of the projects on their communities. Economic impact was measured using 2019 IMPLAN Online. (Released 2022)
By utilizing a Market Assessment, health centers can analyze their markets and service areas in geographic, demographic, and economic terms in order to make informed observations and guide strategic decisions. This toolkit establishes the key components of a Market Assessment, providing free publicly available tools as well as internal and external resources to assist your health center in compiling the information necessary for developing your own basic report. (Released 2022)
This handbook offers an updated and streamlined format with links to a range of resources from Capital Link and others, from which you can pick and choose to assist you with your planning process. This resource was developed for Cedars-Sinai’s Financial Strengthening Program for Behavioral Health Providers with financial support from Cedars-Sinai Community Benefit Office. (Released in 2022)
The Decision Tree resource is a visual map to aid in deciding which financing options would best suit your capital project requirements, that also provides a summary description of each. (Released 2022)