Funding has been secured for the construction of a new Riverton Hospital in Riverton, Wyoming, as announced by The Riverton Medical District and Billing Clinic. The project is a citizen-led effort. The US$54 million grant is a low-interest loan. Additional money will be used to cover the anticipated cost of the new hospital.
Riverton Medical District team aims to achieve a new locally owned and operated healthcare facility. The design phase of the new hospital will be completed by Riverton Medical District. Once that’s done, construction will begin. It anticipates starting construction on the new hospital in 2023. The project’s general contractor has been chosen, and they are located in Cheyenne, Wyoming.
The American Rescue Plan Act monies were allocated to the state for this $10 million award. Furthermore, The Wyoming Loan and Investment Board unanimously approved the grant. The medical district also received a $37 million low-interest USDA Rural Development Community Facilities loan for the project. This was the most significant award it had ever given in Wyoming.
Additionally, in order to offer clinical and management support for the brand-new healthcare organization, Billings Clinic, and Riverton Medical District signed a Letter of Intent in 2021.
More on the Wyoming Riverton Medical Hospital
The goal of the hospital being built by Riverton Medical District is to better serve patients and the local health care system. Further, plans for a first-rate primary, acute, emergency, and specialty healthcare are included, with an emphasis on being dependable neighborhood partners and creating jobs in central Wyoming.
“We are ecstatic and deeply appreciative of the support from the State of Wyoming. This completes the financial puzzle and advances us to the following stage of our task. Additionally, the Riverton Medical District Board Chair, Corte McGuffey, stated that all of the effort put forth over the previous four years has made great strides toward becoming a reality.