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BOULDERCITYHOSPITALBOULDERCITYHOSPITALexpansionprovidesmuchneededservicesforanagingpopulationBoulderCityNevadapopulation15023hassueredduringthepastdecadeduetopooreconomicconditions.Thecommunitysunemploymentratejumpedrom5percentinJanuary2008to10percentinDecember2012.Highunemploymentorcedmanyyoungerresidentstoleavethearea.Asaresulttodaynearly30percentothecitysresidentsareage65orolderandthereisagreaterneedormedicalservicesdirectedtotheelderly.RCACandtwoCommunityDevelopmentFinancialInstitutionpartnersmadea16.3millionconstructionloantoBoulderCityHospitalBCHtoremodelitsex-istingacilityaddspacereopenitssurgicalprogramandprovidetwonewinpatientservicesgeriatricbehavioralmedicineandacuterehabilitation.Itiseasytoseethestrongandpositiveimpactthehospitalrenovationandexpansionhashadonthecommunity.OurconstituentsknowthatwesavedjobsaddedjobsandmostimportantlyincreasedaccesstohighqualityhealthcarenotonlytoBoulderCitybuttosouthernNevadasaidTomMaherBCHschieexecutiveofcer.AccordingtoanAmericanHospitalAssociationreportruralhospitalslackadequateaccesstocapitalandthatlackoaccessaectstheirabilitytomodernizeacilitiesandacquirenewtechnologies.BoulderCityHospitalsagingacilitywasclearlyhamperingitsabilitytoprovidequalitycare.TodayPhaseIremodeliscompleteandconstructiononadditionalspacePhaseIIwillbecompletedbyDecember.Oncecompletethemodernizedacilitywillbetwiceitsoriginalsizegenerate100newjobsandmeettheneedso27000elderlypatients.RCACwillalsobepartothepermanentnancingorthehospitalprovidinglocalleverageoraRuralDevelopmentcom-munityacilitiesloan.LoanFundRCACAnnualReport2013