Ortenau District Paves the Way for Hospital Reform with 340 Million Euro Loan
The district of Ortenau has taken a significant step towards financing the Agenda 2030 hospital reform with the conclusion of an overall loan agreement worth 340 million euros. District Administrator Frank Scherer and representatives from all banks involved met on Wednesday to emphasize the cooperation between the contractual partners.
The banking consortium includes Sparkasse Offenburg/Ortenau, Landesbank Baden-Württemberg (LBBW), and Deutsche Kreditbank (DKB). The final details were discussed during the meeting in Offenburg, as announced by the Ortenau Clinic.
“The overall loan agreement is another milestone in the implementation of our future concept, and the signing is also a historic event. The loan secures the financing of the largest investment project in the 50-year history of the district of Ortenau. In this way, we create financial planning security for the new clinic buildings,” said District Administrator Frank Scherer.
Scherer also highlighted the rapid progress in the further development of outpatient and inpatient healthcare, with all projects being right on schedule. The building permit for the new clinic in Achern has already been obtained, and the first groundbreaking is planned for September of this year.
The conclusion of the loan agreement was approved by the district council on April 25th. The contract, which has a term of more than 30 years, provides for the disbursement of loans between 2023 and 2026. After ten years, the district has the option of terminating the contract and benefiting from a possibly more favorable interest rate situation.
“In these financially turbulent times, it is our clear commitment to future-proof healthcare in the region,” emphasized Jürgen Riexinger, CEO of Sparkasse Offenburg/Ortenau.
Johannes Zimmermann, head of the DKB location in Stuttgart, added, “The last few years have shown how indispensable reliable healthcare is in town and country. All the more important are showcase projects such as the new clinics in Ortenau, where everyone involved pulls together and thus secures the healthcare of the future.”
The loan will help finance part of the costs that the district has to bear for the 2030 Agenda. According to a financing concept updated by the district council in 2022, the district and Ortenau-Klinik are responsible for around 517 million euros of the financing sum. Additionally, it is assumed that the state will assume 60 percent of the eligible costs as part of its investment funding, as promised by State Health Minister Manne Lucha.
How will the 340 million euro loan be utilized in the transformation and modernization of the hospital infrastructure in the Ortenau district?
D we are excited to have the financing in place,” said District Administrator Frank Scherer. “With this loan, we have the necessary funds to support the hospital reform outlined in Agenda 2030.”
The loan agreement, worth 340 million euros, will play a vital role in the transformation and modernization of the hospital infrastructure in the Ortenau district. The funds will be used to upgrade existing facilities, invest in state-of-the-art medical equipment, and improve patient care services.
Representatives from the participating banks, including Sparkasse Offenburg/Ortenau, Landesbank Baden-Württemberg (LBBW), and Deutsche Kreditbank (DKB), expressed their commitment to supporting this important initiative. The collaboration between the district and the banking consortium demonstrates a shared vision for the future of healthcare in the region.
The Ortenau Clinic, responsible for the administration and operation of the hospitals in the district, highlighted the significance of the loan agreement in driving forward the hospital reform efforts. They expressed their gratitude to all parties involved in making this financing possible.
The emphasis on cooperation between the district and the contractual partners reflects the dedication to ensuring the successful implementation of the hospital reform agenda. The loan agreement represents a significant step towards achieving the goals and objectives outlined in Agenda 2030.
The Ortenau district’s commitment to investing in healthcare infrastructure and services is commendable. By securing this 340 million euro loan, they have solidified their commitment to improving patient care, enhancing medical facilities, and advancing the overall quality and accessibility of healthcare in the region.
The successful conclusion of the loan agreement marks an important milestone in the journey towards hospital reform in the Ortenau district. It provides the necessary financial support to drive meaningful change and create a more efficient and patient-centered healthcare system.
Overall, this loan agreement underscores the district’s determination to prioritize the needs of its residents and work towards a more sustainable and effective healthcare system. It sets a positive precedent for other regions and serves as an example of proactive and forward-thinking governance in the healthcare sector.
With the funds secured through this loan agreement, the Ortenau district is well-positioned to pave the way for a successful hospital reform effort, ensuring a brighter future for healthcare in the region.
This loan agreement demonstrates the District of Ortenau’s commitment to the Agenda 2030 Hospital Reform, ensuring necessary funding to bring about significant changes and advancements in healthcare. Exciting times lie ahead for Ortenau and its citizens.