Magnolia Regional Medical Center is among 27 rural Arkansas hospitals that will receive part of $10 million in financial assistance from the Arkansas Department of Commerce.
Grants between $200,000 and $500,000 are going to hospitals in the state where operations have been severely impacted by the coronavirus pandemic.
The funds will be administered through the Arkansas Economic Development Commission’s (AEDC) Community Development Block Grant program.
AEDC worked with the Arkansas Hospital Association and rural hospitals to identify immediate needs for assistance.
“It is critical to assist hospitals that are working hard to provide care in rural Arkansas and to vulnerable populations,” said Secretary of Commerce Mike Preston. “We see the important need of consistent, elective and routine care in these facilities to remain financially stable. Hospitals are also a major economic engine in Arkansas’s rural communities. We believe the funds will help these hospitals weather the storm until conditions are back to near normal.”
In additional to MRMC, other South Arkansas hospitals that will receive assistance include:
-- Ashley County Medical Center, Crossett
-- Bradley County Medical Center, Warren
-- Dallas County Medical Center, Fordyce
-- Delta Memorial Hospital, Dumas
-- Drew Memorial Health System, Monticello
-- Howard Memorial Hospital, Nashville
-- Little River Memorial Hospital, Ashdown
-- McGehee Hospital, McGehee
-- Ouachita County Medical Center, Camden
In addition to the $10 million awarded directly to rural hospitals, UAMS will receive $500,000 for the Institute for Digital Health and Innovation (IDHI) COVID-19 Statewide Education Outreach Project which will bring education and support to all Arkansas’s hospitals with an emphasis on rural and critical access hospitals.