Texas County Memorial Hospital gets $1M Federal Grant to Expand Rural Health Care in MO

The Texas County Memorial Hospital in Missouri has received a $1 million grant from the U.S. Department of Agriculture to expand its rural health care resources, KY3 reports.

The grant comes as part of a new federal program intended to help rural health care providers in 22 states, including Missouri.

The USDA announced the creation of the Emergency Rural Health Care Grant Program on Wednesday, which is supported under President Joe Biden’s American Rescue Plan Act. The program aims to help rural hospitals financially and improve access to COVID-19 vaccines, testing and supplies. Read more.

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The round was led by Cigna Ventures, Novo Holdings, and Avidity Partners, and joined by all existing institutional investors, Health Velocity Capital, Greycroft Partners, Felicis Ventures, Company Ventures, and Obvious Ventures.