Great River Medical Center

$60-Million Borrowing Plan
9:43 pm
Sun February 12, 2012

DMC Board Could Help Hospital

The Des Moines County Board of Supervisors

The Des Moines County Board of Supervisors appears willing to help one of the county’s largest employers.

Representatives of Great River Medical Center have approached the county about issuing $60-million in bonds on the hospital’s behalf.

The money being borrowed would be split between the construction of a new building and to refinance some of the hospital’s previous debt.

The Klein Center nursing facility will have about 160 bed, which is an increase compared to the current structure.

Read more