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Primary Care Development Corporation


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Title Date

PCDC Bond Refinancing Saves Health Centers $3.8M

PCDC completed a tax-exempt bond issue to refinance nearly $30 million of loans, which will lead to approximately $3.8 million in savings for five primary care facilities serving underserved communities in Brooklyn, Manhattan and Queens.
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08/31/10

U.S. Treasury Awards PCDC $750,000 to Expand Primary Care in NYS

The U.S. Department of Treasury's Community Development Financial Institutions (CDFI) Fund today announced a $750,000 award for PCDC to continue building primary care capacity in New York State.
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Download CDFI funding announcement DRAFT 8-20-2010 FINAL.pdf

08/20/10

Premier Healthcare Expands Bronx Practice with PCDC Financing

PCDC Press Release, 7/21/2010. Thanks to low-cost financing from PCDC, Premier HealthCare, a medical practice for people with developmental and learning disabilities of all ages, has expanded services at its Bronx practice on East Tremont Avenue.
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Download July 21 - Tremont Premier Opening.pdf

07/21/10

PCDC Provides $2.8 Million in Low-Cost Financing for Monticello Health Center

With $2.85 million in financing from PCDC, Hudson River HealthCare (HRHC) has acquired prime downtown Monticello property to expand primary care and dental services to low-income patients in Monticello and surrounding communities.
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07/06/10

PCDC to Lead National Presentation on Achieving Medical Home Recognition

PCDC Press Release, 5/3/10. On May 6th, Regina Neal and Cari Reiner will present "Obtaining Medical Home Recognition: A Primer" at the National Association of Community Health Centers' Farmworker Conference in San Diego, CA.
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05/03/10

PCDC Earns High Ratings for Strengthening Primary Care in Low-Income Communities

PCDC received an AAA+2 CARS™ rating—the second highest possible from the CDFI Assessment and Ratings System (CARS™); an independent ratings service that evaluates Community Development Financial Institutions (CDFIs).
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04/21/10

A Year After Hospital Closes, Health Center Sees 500% Patient Increase

One year after PCDC and Addabbo Family Health Center led the successful effort to save a Caritas-owned health center from bankruptcy, the center has undergone a dramatic turnaround – and families are getting a level of primary care they never had before.
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03/11/10

PCDC Financing Accelerates NYS Health Information Technology Projects

PCDC provides $450,000 to the New York e-Health Collaborative (NYeC) and $150,000 for the Continuum of Care Improvement Through Information New York (CCITI NY).
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02/04/10

Cliff Bleustein, MD, MBA- Healthcare Industry Expert Joins PCDC Board

PCDC has elected Cliff Bleustein, MD, MBA to its Board of Directors. In this role, Dr. Bleustein will work with fellow board members to guide PCDC’s strategic direction and provide financial oversight.
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01/12/10

PCDC Releases How To Manual for Safety Net Providers to Qualify as Medical Homes

PCDC has released a new how-to manual that will help safety-net providers become recognized as Patient-Centered Medical Homes (PCMH), which is expected to lead not only to improved patient outcomes, but to future reimbursement enhancements.
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11/18/09