Loan will help MRH&C renovate
by Katie Gregg
A low-interest loan from the United States Department of Agriculture will help make possible a $5.7 million expansion and renovation to Mobridge Regional Hospital and Clinics.
“We’ve been working with USDA for several years,” CEO Angie Svihovec said. “This loan is the final piece of a financial puzzle that will make this project a reality.”
The renovation will make possible the expansion of clinic and rehabilitation services and makes changes to the front entrance, waiting, and reception areas. The project will give the organization one physical entrance instead of two, allowing for easier patient navigation and a more efficient environment for staff.
Planning for the project started seven years ago when they began gathering information about the facility. As patient numbers grew and new services were offered, the need for changes became obvious.
“The ability to secure low-interest, long-term financing in addition to a $300,000 CDBG grant is the reason we’ve decided to go ahead with the project at this time,” said Svihovec. The project was nearly given the go-ahead two years ago but the nation’s financial crisis and the uncertainties of Medicare and Medicaid reimbursements made the Board of Directors and Svihovec put it on hold.
“The uncertainties in healthcare have not disappeared completely”, Svihovec said, “the decision has been made to move ahead, we realize that the discussions the country and state are having related to delivering healthcare services will impact us. We will continue to make calculated decisions on this and other projects to ensure our ability to provide quality healthcare services well into the future.”
Groundbreaking is anticipated to begin in 2013.
– Katie Gregg –