Winneshiek Medical Center loses money again in March

Winneshiek Medical Center had another mediocre month financially in March.

The hospital had net patient service revenue of $3,499,660.  After paying operating expenses, it was left with an operating loss of $62,731.  Non-operating revenues were able to bring the net total back to a slight gain--$26,701.

For the nine months in the hospital's 2011-2012 fiscal year, it has registered a net operating loss of $120,520 and a total net gain of $384,264 after non-operating revenues were added in.  That represents a total margin of just over one percent.  The hospital had budgeted for a more than five percent total margin.  It has missed that figure so far by over $1.5 million.