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Oct 09

HCMH Board of Trustees Approves to Accept USDA Funding for Building Project

By: Nathan Bloechl — nathanb@977thebolt.com

Humboldt, Iowa — The Humboldt County Memorial Hospital announced Monday morning it’s plan to expand it’s facilities.

The work has been on-going within hospital administration dating back to July of 2015.

“We’re very excited” Hosptial CEO Michelle Sleiter said.

“There’s a lot of work to do, a lot of questions still be answered and a lot of [big] decisions to be made, but it’s exciting” Sleiter exclaimed.

Sleiter said Monday morning that the hospital has “maxed” out their space, which has ultimately led to the significant building project.

Sleiter explained five core goals with the expansion which include: investing in primary care, increased space for specialty services, ensuring the hospital remains in Humboldt County long-term, an identifiable main entrance with increased parking and an ease of way finding within one facility.

The building project will be made possible partly due to a USDA grant, which will cover about 65-70% of the projects costs.

Sleiter explained that there is “no risk” in that money until the hospital moves forward with a ground-breaking.

The USDA Direct Loan has been secured at $13,925,000 for a fixed 40-year program.

Additional financing will come from operational funds, financial reserves, Foundation support as well as other economic development grants throughout Humboldt County.

The projected budget for the Building Project is 19.2 million dollars. The financial analysis procured by HCMH shows that the hospital would be able to cash flow the project without any additional tax levies or a capital campaign.

“The biggest thing to me is just the recruitment retention of our primary care providers — that is where healthcare starts” Sleiter stated.

“Having a space that is conducive to what a provider would need, will provide the access to care that our patients need. That’s the most critical piece of this puzzle, the sustainability of this hospital for the future.”

The project will include the following:

  • A two-story addition
  • New main entrance which will face North 15th Street
  • Primary Care  — An additional 3,000 square feet.
  • Specialty Services
  • Rehabilitation Services — Triple the size of the current rehab services.
  • Cardiopulmonary Services
  • Diabetic Education
  • Dietary Support
  • Patient Education
  • Conference Center

There will also be brand new renovations of Genevieve’s Place, Humboldt County Public Health, Patient Registration as well as an additional forty parking spots.

Sleiter commented that the rough timeline would show the completion at the end of 2019, or beginning of 2020.

 

Hospital Board president Rod Harklau commented in the release saying the Board of Trustees “has considered an expansion” for a “number of years”, saying “Humboldt County Memorial Hospital is a great asset for our area businesses and residents alike. We are currently taking necessary steps towards making a final decision to proceed.”

If the board makes the determination to move forward with the project, the public hearing on the building project will be November 27th of this year.

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