DCH receives USDA loan
IRON MOUNTAIN, Mich. (WLUC) – After two years of hard work, DCH receives a loan that will allow the hospital to provide better patient care. The hospital is proud to announce that it has received a loan of $ 16.9 million from the USDA.
“This is the culmination of a lot of hard work by everyone in our hospital at DCHS,” said Margaret Minerick, Chair of the DCH Board of Directors.
Half of the money will go to refinancing the debt and the rest will be distributed to other areas of the hospital.
“Approximately $ 3.5 million has been allocated for IT upgrades so our people have better tools to work,” said Brian Donahue, CFO of DCH.
The remaining money will go to new medical equipment like a new CT scanner, MRI and linear accelerator. This new equipment will allow DCH to offer high-end patient care.
“Previously, we had to send patients elsewhere and they had to travel two hours or more to get their treatment or even stay in a hotel. But now we’ll have it available here at Dickinson, so it’s going to be a very exciting time for us, ”said Maryam Hamidi, MD, radiation oncologist at DCH.
DCH initially applied for the loan in 2019, but was refused, saying the hospital did not qualify. The hospital has been given a list of things to work on, including attracting more doctors and adding a pension.
“The Board of Directors has been very supportive of the efforts made over the past 12 months and the financial stability that has ensued over the past 12 months, given the challenges we all face – COVID and other issues. that we are facing. health care today. We have been very successful, ”said Chuck Nelson, President and CEO of DCH.
DCH is proud of the work done to qualify for the loan and looks forward to improving the community by providing better care to the people.
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