(Thursday - March 04, 2021) - Long-term
Stability and Growth Assured for Dickinson County Healthcare.
Dickinson County Healthcare (DCH) received approval for a $16.9
million loan from the United States Department of Agriculture (USDA)
Rural Development. This funding ensures that critical health care
services will continue to grow for the Dickinson County community.
With support from local leadership and a passionate patient
community, the hospital system has worked diligently to secure a more
certain future. It was noted that the loan was approved based on the
strength of DCHís strategic plan and the organizationís improved
financial stability. As part of the application process, DCH
demonstrated its commitment to excellent health care by building a great
team, hiring new physicians, engaging the community, and a promise to
deliver great local care.
Capital projects that have been
identified are investments in the future of the health system. They
include a new linear accelerator, a new CT scanner, a new MRI, facility
improvement projects, major Information Technology systems upgrades,
including an Electronic Medical Records system. Equipment necessary to
provide the highest quality of care and also supports the strategic
growth of Dickinson County Healthcare.
"A loan of this size with
a favorable interest rate is a huge victory for our entire community.
DCH borrowed this money to ensure everyone in this community will
continue to have long-term access to cutting-edge health care technology
and facilities close to home. Now and into the future, people donít have
to leave the area for the critical health care services they require,"
said Chuck Nelson, President
and CEO of Dickinson County Healthcare.
"We are thankful for the hard work of so many to help secure the
funding. The Dickinson County Board of Commissioners, community members,
and legislative leaders have all played a key role in this effort. We
are all celebrating this win for the people of our region," Nelson
About Dickinson County Healthcare System
Servicing Northern Wisconsin and the Central Upper Peninsula for more
than 69 years, Dickinson County Healthcare System (DCH) is a 49 bed
Community Hospital with a team of more than 60 active physicians and
each year treats over 160,000 patients. DCH employs more than 650 staff
members, is one of the major employers in the Dickinson County area, and
is a large contributor to the economic wellbeing of our community.
About USDA Rural Development
Development provides loans and grants to help expand economic
opportunities and create jobs in rural areas. This assistance supports
infrastructure improvements; business development; housing; community
facilities such as schools, public safety and health care; and
high-speed internet access in rural areas.