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Elgin hospital is no longer on ‘life support’ after Bank of North Dakota loan
The state-owned lender backed a turnaround plan that paid debts and built a 30-day cash reserve for the hospital.
Summary by Grand Forks Herald
3 Articles
3 Articles
Jamestown Sun+2 Reposted by 2 other sources
Elgin hospital is no longer on ‘life support’ after Bank of North Dakota loan
A hospital in southwest North Dakota is on more stable financial footing after being approved for an emergency $5 million loan from the Bank of North Dakota. The loan, authorized during a special session of the North Dakota Legislature in January, has helped the Jacobson Memorial Hospital Care Center pay off its existing debts and build a 30-day cash reserve as it seeks to enter a new era with more financial stability. “It’s been an amazing last…
Coverage Details
Total News Sources3
Leaning Left0Leaning Right3Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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