New Markets Tax Credit Coalition

Central Louisiana Surgical Hospital

Investment

  • NMTC Amount: $18,000,000
  • Total Project Cost: $18,037,832

IMPACT

  • 89 FTE jobs

Project Description

CLSH is a short-term stay hospital recently expanded and opened in May of 2010, providing quality and effective patient services to both the insured and uninsured. Roughly 47% of CLSH payments are derived from Medicare and Medicaid. Approximately 50% come from Blue Cross and other commercial providers. Nearly 1 in 5 of CLSH’s patients are impoverished Medicaid recipients. The new facility faces a number of operational challenges and is located in a rural census tract that is medically underserved with a poverty rate of 50.6%. CLSH is responsible for significant job creation; NMTC financing preserved 157 jobs, including over 100 physicians.

MAP

Address: 651 North Bolton Avenue, Alexandria, LA 71301

Census Tract: 22079011000

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