Cashed-strapped MED to receive extra $40.6 million - WMC Action News 5 - Memphis, Tennessee

Cashed-strapped MED to receive extra $40.6 million

By Kontji Anthony - bio | email

MEMPHIS, TN (WMC_TV) - State Representative G.A. Hardaway, Chairman of the Shelby County Legislative Delegation Chairman, confirmed Wednesday that the cash-strapped Regional Medical Center will get an extra $40.6M thanks to a massive collaborative effort.

"We think this may be the turning point for The MED," Hardaway said.

Last October, The MED, the Mid-south's top trauma center, had a 50-50 risk of closing its emergency room.

Now, Action News 5 has obtained The MED's projected payments for 2011.  It shows an additional $40,600,893 will be deposited to The MED's bank account Thursday.

Hardaway said it was a long road, and it wasn't just one person who made it happen.

"When Mayor Joe Ford worked with the County Commission to secure $10M for The MED, that put the Shelby County Delegation in the position to sit down with the administration," he outlined.

After Tennessee Governor Bredesen refused extra funding for The MED, Hardaway said, the Delegation put partisanship aside and asked the federal government to match the county's $10M.

"Nothing would have happened if my other 21 colleagues hadn't banded together," he explained.

Under customary appropriations, The MED would get $99.1M in state and federal funds.

With the delegation's efforts and an extra $6.8M in pool money from Arkansas and Mississippi, the total money coming to the MED in 2011 is $146,500,893.

Hardaway said the money the delegation secured might continue annually.

"Depending on the amount the local government decides to participate, we could very well have a multi-year event," he said.

Copyright 2010 WMC-TV. All rights reserved.

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