Success Story
Release No.STELPRD4007362
, Jan 04, 2011 --

Outline of Need:

The Community Medical Center in Falls City has been serving Richardson County for more than 90 years. However, the building that served the community over the years was not sufficient to function in today’s healthcare environment with the shift from inpatient to outpatient services. A new facility was needed.

How Rural Development Helped:

USDA Rural Development provided a Community Facility Direct Loan of $9,000,000. In ddition, Stillwater National Bank’s Healthcare Lending Division, located in Oklahoma City, OK, financed a loan of $9,000,000 backed by the USDA Rural Development Guaranteed Loan program. The Community Medical Center contributed $3,000,000 of its funds along with a contribution from the Heartland Regional Medical Center of St. Joe, Missouri of $2,000,000 and local donations of $1,000,000.

The Results:

Residents of Richardson County and the surrounding areas now have better access to the full range of medical services that the Community Medical Center provides, with a new $24 million facility. When patients and family members walk through the doors they are greeted with a warm inviting atmosphere and a smiling helping hand. The newly constructed Community Medical Center includes 24 patient rooms, surgery suites, and private specialty clinics, a Family Medicine Clinic, two delivery rooms, maternity suites and state-of-the-art medical equipment. Patients are able to enjoy private rooms with plenty of space to accommodate family and friends during their stay. This new hospital reflects the community’s commitment to a happier and healthier southeast Nebraska.