Interested in Strengthening Your CBO’s Financial Acumen? Apply for the 2021 Financial Acumen Learning Collaborative

A core component of successful partnerships with health care entities is solid expertise that can help assess the short and long-term financial impact of potential partnerships. To help aging and disability community-based organizations (CBOs) develop this skillset, the Aging and Disability Business Institute, with support from the Administration for Community Living, is excited to announce a call for applications for a learning collaborative that will provide CBO leaders with the knowledge and skills necessary to strengthen their financial operations and help them create and sustain financially viable partnerships with health care entities.

The Financial Acumen Learning Collaborative (FALC) will engage up to 15 organizations in an interactive curriculum that will cover financial acumen topics and practices such as accurately costing out agency services, assessing net income using various pricing methods, evaluating and managing financial risk, and calculating the return on investment of a partnership for potential health care partners.

Nonprofit and government-based CBOs, including Area Agencies on Aging, Centers for Independent Living, other aging and/or disability services providers and networks of CBOs, are encouraged to apply by the February 5 deadline.

Learn more by reading the FALC Charter and plan to join the Aging and Disability Business Institute for an informational webinar on January 19 at 3:00 PM ET.

This item is posted for the Aging and Disability Business Institute. ILRU is one of the lead partners in the Business Institute, providing training and technical assistance to centers for independent living and other community-based organizations in securing contracts with health plans and payers to provide community living services to people with disabilities.