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Winneshiek Medical Center shows net gain in October

Posted: Wed, Dec 12, 2012 5:28 PM

Winneshiek Medical Center had a good month financially in October.

Chief Financial Officer Lynn Luloff says the hospital had $6.8 million in patient service revenues.  After adjustments, the hospital had $3,983,795 in total net revenues.  After paying expenses, the hospital had a net gain of $127,350.

For the fiscal year (since July 1st), the hospital has had a three percent margin of return.