COMMUNITY CLINICS: New Loan Program Helps Facilities Keep Pace
The California Primary Care Association Friday launched a new loan program to help community clinics and health centers purchase and update their information technology systems. Created by the CPCA and Community Ventures, and sponsored by the California Endowment, the $5 million Information Systems Loan Fund is designed to help community clinics throughout the state secure loans at a fixed 5% rate and offers them "flexible financing terms up to five years and low-hassle, quick-turnaround applications." Carmela Castellano, CEO of the CPCA, said, "Adequate information systems are critical for California's community clinics and health centers' survival in the ever- changing health care environment we face today." Jeff Brenner, managing director of Community Ventures, said the loan program will boost care for the 2.1 million Californians who are served by community clinics each year. More information about the loan program can be obtained by calling the CPCA at (916) 440-8170 (CPCA release, 2/5).This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.