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O’Berry | Cavanaugh
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FOR IMMEDIATE RELEASE
Montana Ranch Owner Pledges $500,000
Toward New Madison Valley Hospital
“Project Giveback” Aims
to Match Donations and Get Community
Involved
Cameron,
Mont., (August 16, 2006)
Sun West Ranch developers Ted and
Heidi Gildred have recently announced
a $500,000 donation to the Madison
Valley Hospital and Clinic (MVH&C)
in an effort entitled “Project
Give Back.” The Gildreds have
pledged an initial $100,000 donation
to the MVH&C which will then be
matched by a $100,000 fundraising
effort throughout the community.
For every $100,000 raised by the
community and every Sun West Ranch
home site sold, The Gildred family
will match the $100,000 donation,
up to a total of $500,000. If the
initial $1 million effort of “Project
Giveback” proves
successful, the Gildreds will consider
a second matching gift of $500,000,
thereby helping raise a total of
$2 million for the new hospital
building fund.
“Project Giveback” began
as part of an effort to raise a total
of $8.5 million to build a new top-notch
medical facility in Ennis. The new
facility will be approximately 30,000
square feet in size and built on two
levels. The hospital, laboratory,
radiology, administration, and emergency
rooms will be on the upper level.
The clinic, physical therapy, visiting
specialist treatment rooms, board
and community rooms, kitchen, and
maintenance will be on the lower level.
The new facility will be linked to
other medical facilities through tele-medicine
networks. This means that an X-ray,
CT, blood draw, or other type of diagnostic
test can be completed in Ennis while
the reading and analysis of the test
can be completed by specialists in
other medical facilities anywhere
in the world. The new MVH&C is
slated to be complete in 2008.
“While the opportunity to
build a new medical facility is a
massive undertaking, it is also an
exciting one. It is rare to be a part
of something so important for the
community right from the ground up,” said
Sam Korsmoe, executive director of
the Madison County Economic Development
Council and the project manager of
the capital campaign for the new MVH&C. “We
are so pleased to have the Gildreds
come forth with Project Giveback.
It is a great way to get the community
involved in the fundraising effort.”
The Gildreds
will present the hospital staff with
the first $100,000 donation at a
Project Giveback presentation on
Thursday, August 17 at 10 a.m. at
the MVH&C in Ennis. In an earlier
event to announce Project Giveback,
the existing home owners of Sun
West Ranch pledged $35,000 to the
building project. According to Korsmoe,
more events to raise matching funds
are being planned, and donations
are arriving on a weekly basis.
“Medical care in a community
should be treated like all other types
of infrastructure such as clean drinking
water and safe roads. An enhanced
medical treatment facility with technologies
such as tele-medicine will offer the
medical staff more opportunity to
treat and diagnose residents of the
Madison Valley and the outlying areas,” said
Ted Gildred. “This new hospital
is an investment in our community
that will serve for generations
to come.”
The Madison
Valley hospital district is roughly
the same size as the state of Delaware.
It encompasses the entire eastern
half of Madison County. In terms
of population, it is one of the fastest
growing regions of Montana. In addition
to a year-round population of several
thousand, the Madison Valley attracts
more than 700,000 visitors and tourists
every year. For visitors and residents
alike, the new MVH&C
will provide a whole new range
of quality health care services.
About Sun West Ranch
Sun West Ranch is a unique development
community in a highly
sought-after area of Southwestern Montana. A vast
2,000 acres, the ranch
offers more than three miles of private Madison
River access and features
phenomenal views of the Madison Valley, Beaverhead
National Forest, Madison
Mountain Range and the Continental Divide.
Sun West Ranch is the
antithesis of a “typical development.” From
its active community
outreach to its public stand on conservation
and preservation, Sun
West Ranch preserves a western legacy and ranching
way of life for generations
to come. For more information, visit www.sunwestranch.com.
About
Madison Valley Hospital & Clinic
The Madison Valley Hospital opened
in the summer of 1950.
Over the following six decades, it expanded in size
and services a total
of seven times. The most recent expansion took place
in July 2006 with the
inclusion of a Computerized Tomography (CT) extension.
More commonly known as
a cat scan, the new CT will greatly improve the
medical teams’ ability to diagnose
patients locally rather than having
to send them to Bozeman or Butte
for medical care. The MVH&C is
a Critical Access Hospital (CAH).
This is a Medicare designation for
rural hospitals with less than 25
beds and at least 35 miles from an
alternative medical facility. Medicare
provides cost-based reimbursements
to CAH facilities which helps them
to remain solvent. The exceptional
value of Medicare’s program
is when CAH borrows capital for renovations
or facility replacements. Through
its reimbursement program, Medicare
will pay more than one-half of a
loan for a new CAH facility. For
this reason, the MVH&C Board
of Directors is aggressively pursuing
all financial options, including
issuance of $6 million in debt, to
build the new MVH&C. For more
information on the building
project, call 406-682-7892. |