Major Capital Improvements

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We help our hospital clients develop a capital improvement plan and implementation based on the healthcare needs of their service area, what they can afford and how a project can be financed. RCHA's purpose is to accomplish these objectives while making sure the hospital avoids the many pitfalls along the way, whether they are related to the project scope, design, financing or construction.

RCHA has completed major capital improvement projects or is currently assisting CAH clients in planning, financing, and implementing projects in Missouri, Kansas, Oklahoma, Nebraska, Colorado, Virgina, and Arkansas. As of December 31, 2005, the following HMC projects are completed, under construction, or in the due diligence stage of financiing.
  • Drumright Regional Hospital in Drumright, Oklahoma (New CAH opened in March, 2005);
  • I-70 Medical Center in Sweet Springs, Missouri (New CAH opened in December 2005);
  • Iron County Hospital in Pilot Knob, Missouri (New CAH- under construction);
  • McCune-Brooks Hospital in Carthage, Missouri (New CAH under construction);
  • Atoka Memorial Hospital in Atoka, Oklahoma (Due diligence financing phase);
  • Okeene Municipal Hospital in Okeene, Oklahoma (Major renovation and expansion - closing financing in March 2006)
 
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