Hospital receives federal grant funds
Last updated 6/4/2020 at 11:21am
RITZVILLE – East Adams Rural Healthcare CEO Corey Fedie reported the hospital being in a “very good financial picture” after receiving a second wave of grant funding through the CARES Act.
“It’s pretty exciting news,” Fedie said at the May 27 board meeting. “These funds will be crucial to offsetting the incurred COVID expenses we’ve already experienced as well as into the future. We’re in a very good financial position now and should be able to get through, if this continues a couple more months.”
Fedie said the funds are grants and/or loans with restrictions on spendin...