Amidst Lingering Health Crises, Western New York Provider Strengthened Through Financing

Categories: Investment, Press Release
A primary care provider in Western New York — where rates of HIV, substance use, and sexually transmitted infections (STIs) outpace state averages — is undergoing dramatic enhancements, aided by $7 million in financing by the Primary Care Development Corporation (PCDC). Buffalo-based Evergreen Health will not only broaden its primary care services for the underserved, …

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PCDC Awarded $60 Million Allocation in U.S. Treasury New Market Tax Credits

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) has been awarded $60 million in New Markets Tax Credits (NMTC) — PCDC’s largest allocation to date — from the U.S. Department of Treasury. The NMTC Program, administered by the CDFI Fund, spurs economic growth through federal tax credits that attract private investment to distressed communities. NMTC has emerged as …

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PCDC Announces New Financing for Infrastructure Needs in Primary Care

Categories: Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) this week announced a pilot financing program designed to help community-based health care providers make investments in their organizations to support transformation. The Transformation Loan Fund enables health centers and other providers to undertake critical investments that support new delivery and payment models, among other changes. By accessing capital …

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PCDC Marks 450th Patient-Centered Medical Home

Categories: Capacity Building, PCDC News, Press Release
Since 2008, PCDC’s content experts have provided strategic leadership, practice coaching, and technical assistance to community health centers, hospital outpatient centers, private practices, and special needs providers across the country. These services recently yielded an important milestone: 450 primary care practice sites will have achieved National Committee for Quality Assurance (NCQA) Patient-Centered Medical Home recognition …

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PCDC Financing Supports $47M Expansion of Primary Care in Connecticut

Categories: Client Spotlight, Investment, PCDC News, Press Release
The Primary Care Development Corporation (PCDC) recently completed financing on a $47 million project that will dramatically increase access to primary care services across three key Connecticut cities. The financing enables Community Health Center, Inc. (CHC), Connecticut’s largest federally qualified health center (FQHC), to increase services by 60 percent, expanding its reach to an additional …

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