Franklin Hospital Awards Financial Services Contract to MEDICARE (August 2026)
Franklin HospitalPublic Hospital · Benton, IL- Disclosed value
- 4% loan, subsequently changed to 8%
- From minutes
- Approved
- Aug 25, 2026
The 30-second brief
Franklin Hospital previously approved a loan arrangement with Medicare to repay amounts owed, but did not proceed after the interest rate increased from 4% to 8%. The hospital instead used its bank line of credit.
MEDICARE holds this financial services contract with Franklin Hospital. Its other public contracts on record include work for City of Milford and Benson Public School District.
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Contract details
- Contract type
- Financial Services
- Amount
- 4% loan, subsequently changed to 8%
- Document date
- August 25, 2026
- Vendor
- MEDICARE
- Agency
- Franklin Hospital
- Source document
- Franklin Hospital District Minutes Board of Directors Meeting 2026-08-25 (Minutes)
MEDICARE's other public contracts
More Franklin Hospital contracts
Questions about this contract
Who was awarded the financial services contract by Franklin Hospital?
MEDICARE was awarded this financial services contract by Franklin Hospital, as recorded on August 25, 2026. The contract value is 4% loan, subsequently changed to 8%.
How much is the MEDICARE contract with Franklin Hospital worth?
The MEDICARE contract with Franklin Hospital is valued at 4% loan, subsequently changed to 8%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Franklin Hospital District Minutes Board of Directors Meeting 2026-08-25 (Minutes), dated August 25, 2026 from Franklin Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does MEDICARE hold?
MEDICARE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Franklin Hospital currently buying?
Explore Franklin Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.