Medlink receives $3 million-plus in USDA loans
Georgia USDA Director for Rural Development Joyce White announced last week Medlink Georgia, Inc., will receive two loans totaling approximately $3.35 million for “medical campus” updates at facilities in Colbert and Habersham County.
In total, USDA officials announced last week, five Georgia facilities received $3.6 million in investments.
Facilities in Eastman and Talbotton also received USDA loans.
The investments, according to a USDA press release, are aimed at rural Georgia health care projects.
The announcement said the loans are part of USDA’s $501 million investment to help improve health care infrastructure and services in rural communities nationwide and the commemoration of National Rural Health Day, which is held annually in November to focus on the specific health care issues facing rural communities.
USDA is investing in Georgia through the community facilities direct loan program, according to last week’s press release.
Medlink Georgia, Inc. will receive a $2.085 million loan to construct and update its facilities at the Colbert medical campus that serves approximately 2,900 patients annually, according to the USDA release.
Medlink Georgia, Inc. will also receive a $1.27 million loan to purchase and update its facilities at the Habersham medical campus that serves approximately 2,800 patients annually.
The City of Eastman will receive a $33,500 loan and $25,000 grant to purchase a new rescue truck to improve emergency response times for Eastman’s 4,962 residents.
Valley Healthcare System, Inc. will receive $156,000 loan and $25,000 grant to purchase X-ray equipment for their Talbotton Medical/Dental clinic that serves 6,865 residents.
Valley Healthcare System, Inc. will also receive $20,000 loan and $25,000 grant to improve pharmacy services serving Talbotton’s 6,865 residents in rural, West Georgia.
USDA’s funding announcement complements the finalization of a partnership between USDA and the National Rural Health Association (NRHA) to identify issues causing financial strain on rural hospitals, which are an important part of the rural health care system.
The release said NRHA and the USDA will work together to identify management and financial indicators that impact rural hospital operations. The idea is that this technical assistance will help rural hospitals continue to operate and provide critical health care services to serve rural communities.