Ochsner Baptist Medical Center (2007)

New Orleans, LA

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NMTC Amount: $25,000,000

Est. Total Project Cost: $120,000,000

COMMUNITY IMPACT

Prior to Hurricane Katrina, Ochsner Baptist Medical Center (formerly Memorial Medical) treated more uninsured patients than any other private hospital in the region. NNMF’s NMTC financing (two other allocatees invested) was structured as operational capacity to expand and re-open more than one million square feet of medical services space including: 100-bed surgical hospital, a senior living facility for 250 residents, outpatient imaging center, a radiation center and medical offices. The project is bringing much-needed health services and jobs back to New Orleans. (NNMF NMTCs: $3.75 million

Disaster Assistance

Learn more about how the NMTC helps communities recover from natural disasters.
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