Health Business Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health Business Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Advantage Capital Partners
New Markets Development Program Brings Renovations, Equipment to Bastrop, Louisiana Hospital
January 23rd, 2009
Advantage Capital Partners, a leading venture capital and small business finance firm, announced that it has provided $4.6 million in financing to a rural hospital in Northeast Louisiana. The funding, raised in connection with the Louisiana New Markets Development program, will allow Morehouse General Hospital in Bastrop to add jobs, bring improvements to the emergency room and buy critical new x-ray, MRI and CT scan equipment. Advantage Capital expects to provide an additional $7.4 million construction loan to the hospital in early 2009. "2008 was a tough year economically for Bastrop and many other Louisiana communities," said State Senator Mike Walsworth (R), West...
Source: Health Business Week (2009-01-23)
|
