{"id":145224,"date":"2023-10-16T17:00:55","date_gmt":"2023-10-16T21:00:55","guid":{"rendered":"https:\/\/doppleronline.ca\/rwddev\/?p=145224"},"modified":"2023-10-17T11:01:27","modified_gmt":"2023-10-17T15:01:27","slug":"local-share-financing-plan-achieved-for-hospital-redevelopment","status":"publish","type":"post","link":"https:\/\/doppleronline.ca\/huntsville\/local-share-financing-plan-achieved-for-hospital-redevelopment\/","title":{"rendered":"Local share financing plan achieved for hospital redevelopment"},"content":{"rendered":"
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Muskoka Algonquin Healthcare is pleased to announce that together with our hospital foundations and municipal partners in Muskoka and the Almaguin Highlands, a plan to finance the community\u2019s share of the future redevelopment of our local hospitals has been reached following several months of collaborative and positive discussion.<\/p>\n\n\n\n

The financing plan demonstrates the community\u2019s collective intent to contribute the required $225 million local share cost of a near billion-dollar redevelopment project to build new hospitals in Bracebridge and Huntsville, with construction scheduled to begin as early as 2029. The local share plan is one of the significant components Muskoka Algonquin Healthcare must complete for the Ministry of Health\u2019s Stage 1.3 capital redevelopment submission, aimed for early 2024.<\/p>\n\n\n\n

Achieving the multi-million dollar financing plan is the shared accomplishment of the Local Share Committee comprised of representatives of the Muskoka Algonquin Healthcare Board of Directors, Huntsville Hospital Foundation and South Muskoka Hospital Foundation Board of Directors, the Mayors of every municipality in Muskoka, the Chair of the District Municipality of Muskoka, and the Chair of the Almaguin Highlands Health Council (representing 10 municipal councils in the Almaguin Highlands).<\/p>\n\n\n\n

Moreen Miller, Chair of the Local Share Committee and Muskoka Algonquin Healthcare Board of Directors, says the financial commitments made by all parties demonstrate the shared responsibility to the common goal to build a regionally unique, multi-site healthcare infrastructure and a strong local partnership to invest in and build a Made-in-Muskoka Healthcare system.<\/p>\n\n\n\n

\u201cMuskoka Algonquin Healthcare is delighted to reach this milestone in our work to design a made-in-Muskoka healthcare system that will serve our 4,000 square kilometre catchment in Muskoka and surrounding areas with safe, reliable access to high-quality healthcare for future generations,\u201d says Miller. \u201cTogether, we have demonstrated that the regions of Muskoka and East Parry Sound are united in one objective to invest in and build a system infrastructure that matches our unique region, the changing population, and the communities around us from Severn Bridge to Almaguin, anchored by two new, state-of-the-art acute care hospitals.\u201d<\/p>\n\n\n\n

The financing plan includes the following financial commitments to achieve greater than 95% of the $225 million local share:<\/p>\n\n\n\n