MOULTRIE – Colquitt Regional received a $35,000 donation from Colony Bank to support several ongoing capital projects. This contribution was made through the Georgia Rural Hospital Tax Credit Program.

The number of rural hospital closures across the state was the impetus for the establishment of this tax credit program.

So, Colony Bank was among the Georgia taxpayers, in 2024, who chose to redirect a portion of their state income tax liability to benefit Colquitt Regional through this initiative. Colony Bank Market President Cole Posey presented a check to Colquitt Regional President and CEO Jim Matney.

“We are fortunate to be part of a community that values and invests in its healthcare system,” said Matney. “This donation from Colony Bank reinforces our mission to provide exceptional care and continue expanding services and technologies that make a difference in the lives of our patients.”

The Georgia General Assembly created the tax credit program, in 2016. Accordingly, it provides vital support to ensure the continued growth and development of essential healthcare services in underserved areas.

“I am proud to represent an organization that values our community commitment to quality healthcare,” said Colony Bank Moultrie Market President Cole Posey. “I have seen first-hand the impact the Georgia Heart program has on Colquitt Regional’s ability to expand their scope of services, attract and retain providers, and explore new capital projects.”

Through the Georgia HEART program, Colquitt Regional has completed several major expansions in recent years. The construction of a state-of-the-art oncology center was one. Also, the addition of radiation therapy services, the development of a senior wellness unit, and a 39,000-square-foot education building and physician clinic.

“Since joining the Georgia HEART program in 2018, we’ve seen the power of community generosity,” said Hospital Authority Chairman John Griffin. “Donations like this one from Colony Bank have had a lasting impact on our hospital and the patients we serve.”

For more information on the Georgia Rural Hospital Tax Credit Program, contact Nicole Gilbert or Gina McDonald at (229) 890-3416.