Thomasville Regional Medical Center

New Markets Tax Credit Coalition

Thomasville,
AL
(2018)

Thomasville Regional Medical Center

Community, Healthcare, Hospitals and Emergency Services, Rural

Thomasville Regional Medical Center, LLC, in partnership with the City of Thomasville, constructed a $44.3 million, 68,320 sq. ft. new hospital in rural Thomasville, Alabama.

Investment

NMTC Amount: $21,000,000
Total Project Cost: $52,142,003

IMPACT

110 FTE jobs
221 construction jobs
40,000 patients served
68,320 sq. ft. of real estate

CDEs

Dudley Ventures, Hancock Whitney New Markets Fund, TruFund

Investor

Whitney National Bank

Project Description

Thomasville Regional Medical Center, LLC (TRMC), in partnership with the City of Thomasville, constructed a $44.3 million, 68,320 sq. ft. new hospital in rural Thomasville, Alabama. This public-private partnership project dramatically expanded healthcare services in a severely distressed non-metropolitan census tract that lost its previous hospital in 2011, leaving the region’s residents to travel as far as 100 miles for healthcare services.

The 29-bed acute care hospital is an anchor facility for a 40-acre Medical Park development. The newly constructed facility contains acute care inpatient beds, patient diagnostic and treatment spaces, central support functions, and other ancillary services.

MAP

Address: 300 Medical Park Drive, Thomasville, AL 36784

Census Tract: 1025957602

PDF Profile

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