The Area Agency on Aging of East Texas is excited to be one of 15 agencies selected for a national learning collaborative!
We applied and were selected by the Aging and Disability Business Institute at USAging to participate in its 2022 Financial Acumen Learning Collaborative (FALC)—a learning opportunity that will provide aging and disability community-based organizations with the knowledge and skills they need to build and strengthen their financial operations and sustainability for health care contracting.
The AAA and selected agencies will engage in an interactive curriculum that covers a wide array of financial acumen topics and practices such as accurately pricing 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.
We can't wait to get started and gain knowledge to strengthen our partnerships and services in East Texas!
About the Aging and Disability Business Institute
The Aging and Disability Business Institute (Business Institute) is led by USAging in partnership with the most experienced and respected organizations in the Aging and Disability Networks. Together, we provide community-based organizations (CBOs) with the tools to successfully adapt to a changing health care environment. CBOs can use these resources to enhance their organizational capacity and capitalize on new opportunities to contract with health care entities and diversify their funding.
The overarching vision of the Business Institute is to improve the health and well-being of older adults and people with disabilities through improved access to quality services and evidence-based programs. Access to these programs can help older adults and people with disabilities live with dignity and independence in their homes and communities.