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Hospital revenues slumped in September

Posted: Wed, Nov 2, 2011 7:03 PM

Winneshiek Medical Center showed a net operating loss of $167,302 in September, according to WMC Chief Financial Officer Lyn Luloff.

The hospital had net patient service revenues of $3,213,096 in September.  Luloff says the figure represented a decline in revenue from same day services, especially surgeries.  While expenses were also down in September, the lower revenues meant a net loss of $135,687 for the month, after non-operating revenues were added.