Hospital shows small loss for October

Winneshiek Medical Center continues to underperform its financial budget.  The hospital brought in $6 million in patient revenues in October, then wrote off $2.5 million in adjustments and bad debts.  That left $3,612,651 in net revenue.  With $3,649,223 in total operating expenses, that left an operating loss of $36,572.

For the year, the hospital has a net gain of $144,639 on revenues of just under $25 million.