WEDA Success Stories

 

WEDA Success Stories

Walshakie Medical Center
Walshakie Medical Center Photo

400 S. 15th St.
Worland, WY 82401
US

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Category:  2015 Success Stories


The Walshakie Medical Center broke ground on a $23.4 million dollar renovation project in June of 2015. The facility is owned by Washakie County and managed by Banner Health. The renovation will include a new ER with added privacy, two operating suites large enough for today’s necessary equipment, two procedure rooms and private ambulatory bays. The project consolidates the lab and pharmacy areas for functionality and a new patient wing with ADA front entrance will provide a more comfortable, healing space for patients.

Washakie County Commissioners worked with Banner Health to creatively put together the financial pieces of the project. The Washakie County Hospital Board provided $250,000 and Washakie County added $265,000 to make up the match for a $840,000 Mineral Royalty Grant from the State Loan and Investment Board. The remainder was covered by revenue bonds handled by ANB Bank, to be paid over time with the funds generated by the lease of the county owned hospital to Banner Health. “ANB Bank was excited to be a part of this historic project here in Washakie County. It was great to see private and public entities work together to truly enhance our community with a newly remodeled hospital,” says ANB’s Community Bank President, Duane Whitlock.

Washakie County Commissioner Aaron Anderson led a team including representatives from Banner Health, the Washakie County Hospital Board, legal teams and financial experts through several years of planning, negotiating, consulting and contracting. Washakie Development Association was pleased to assist with the Mineral Royalty Grant application. Medical care is an important element of a community seeking economic development; this project used a creative combination of public and private funds to provide a state of the art facility.




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