News Column

Boone Memorial closes on loan for new hospital

July 29, 2014

By Fred Pace, Coal Valley News, Madison, W.Va.



July 29--MADISON -- Bobby Lewis, State Director, United States Department of Agriculture Rural Development (USDA), West Virginia and Tommy Mullins, CEO, Boone Memorial Hospital, Inc. (BMH, Inc.) July 22nd jointly announced that a USDA loan has been closed with BMH, Inc. to provide for construction of a new replacement hospital to be located adjacent to its existing hospital facility in Madison.

Construction is scheduled to begin in August of this year.

"USDA is proud to participate in funding this Hospital Project to secure the future of health care for the citizens of Boone County and the Region," Lewis said. "The $31.8 million loan will be the largest direct loan ever made by USDA in West Virginia. We feel this loan is indicative of USDA's efforts to improve the quality of life in rural West Virginia."

"The USDA loan has made the construction of the new hospital feasible," Mullins said. "The professionals within the USDA West Virginia Office have been outstanding with which to work. We have been working for eight years to make this project a reality. It took a significant commitment from my Board of Directors, hospital management and staff, Boone County Officials, both State and Congressional elected officials, and of our professional support team to help make this day possible. On behalf of myself and our Board of Directors, I extend my personal appreciation to all who have worked so diligently to make this day possible."

Mullins started working at the Hospital in 1964 when the current hospital was constructed and has been the administrator and its CEO since 1967.

"The Board of Directors feels construction of the new hospital will provide needed promise to the future of the Boone County economy," said Bob Brown, Chairman of the Board of Directors. "We recognize quality health care is an essential infrastructure component to retain and attract jobs. We are committed to make sure Boone County citizens have accessible, quality, local health care and that the future of health care is secured for the County and Region. The Board also wants to express its appreciation to the USDA and the many who have dedicated the time and effort to make this day of the loan closing possible."

(Fred Pace is the Editor for the Coal Valley News. He can be contacted at fpace@civitasmedia.com or at 304-369-1165, or on Twitter @fcpace62)

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(c)2014 the Coal Valley News (Madison, W.Va.)

Visit the Coal Valley News (Madison, W.Va.) at www.coalvalleynews.com

Distributed by MCT Information Services


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Source: Coal Valley News (Madison, WV)


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