Uniontown Hospital

NMTC financing helped hospital secure purchase and install a new software system.

Investment

  • NMTC Amount: $8,000,000
  • Total Project Cost: $8,000,000

IMPACT

  • 750 FTE jobs
  • 30,492 patients served

CDEs

Investor

Project Description

Local hospital needed funding in order to purchase and install software system required by larger healthcare system that was acquiring the facility.

68.9% of people served are low-income persons and 91% of jobs retained are quality. The market served has a slightly declining population of approximately 135 thousand. It is also the second poorest county in the state of Pennsylvania. In addition, the Hospital represents the largest nongovernmental employer in the area making the borrower a vital part of the community both from a health and an economic perspective.

The Hospital became operationally and financially distressed in recent years as a result of a failed relationship with a local healthcare network along with the realities of operating an independent, rural hospital in the current healthcare industry. The borrower is developing a new relationship with a large healthcare network that is planned to stabilize and enhance the availability of healthcare services in the community and to promote system for services not otherwise available locally.

MAP

Address: 500 West Berkley Street, Uniontown, PA 15401

Other Pennsylvania Projects

Part of a larger initiative by Widener University to invest in its community, University Crossings is a state-of-the-art mixed-use development adjacent to its Chester, PA campus.
Primary Health Network built a new 45,000 square foot, health and social services facility in Punxsutawney, PA thanks in part to the NMTC.
The Energy Innovation Center is a renovation of approximately 160,000 sq.ft. of space at the former Connelley Trade School for reuse as an Innovation Center for energy efficiency, alternative energy
The Boys and Girls Club of Philadelphia project is the renovation of a 3-story 64,405 sq. ft. community facility to house the creation of the Ralph J. Roberts Germantown Boys