Success Story
Release No.STELPRD4012106
JAMESTOWN REGIONAL MEDICAL CENTER
, Aug 31, 2011 --

Outline of Need: The previous hospital was built in 1935. Over the years, the facility dealt with issues of poor air quality, privacy, and security. Due to the changes in health care, the existing facility could no longer meet the demands of new technology and space.

 

How Rural Development Helped: Primary financing for the $52 million medical facility was provided through the USDA Rural Development Community Facilities program and the Recovery Act.  USDA Rural Development financed $46 million of the project through a $31 million direct loan with a four percent interest rate for 40 years and a $15 million guaranteed loan through AgStar Financial Services.  The remaining funds were raised by the Jamestown Hospital Foundation.  The modernized medical facility is the largest hospital project ever financed by USDA in North Dakota and one of the largest projects nationwide.

The Results: The 117,000-square foot, modernized medical care facility will benefit more the more than 55,000 residents of Jamestown and nine surrounding counties.

 

“Without the involvement of USDA Rural Development, this hospital would not have been built,” says Martin Richman, CEO of the Jamestown Regional Medical Center.

 

The 25-bed critical access hospital has a helipad, two drive-through bays to the emergency department, three surgery suites, and eleven pre-operation rooms with state-of-the-art equipment. The spacious patient rooms will aid healing with breath-taking views of the expansive countryside, high-tech beds that electronically send the patient’s weight and status to the nursing station, built-in lifts that ward off injuries to both patients and staff, large flat-screen televisions, and accommodations for loved-ones who want to stay past visiting hours.

 

The hospital’s goal is to continue to add services including radiation oncology, urology, and neurology so central North Dakotans won’t have to travel an extra ninety miles for treatment in Bismarck or Fargo. It is anticipated that the hospital will enhance and attract additional services and recruiting opportunities for medical staff and employees. The location of the project provides conveniences too such as easy access off of Interstate 94 and improved access to parking.

Over 300 craftsmen were put to work during construction. The hospital will employ 239 full-time employees and provide several more indirect jobs. Overall, the project will boost the local economy.