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Winneshiek Medical Center makes money in August, but less than budgeted

Posted: Wed, Oct 9, 2013 6:42 PM

Winneshiek Medical Center brought in $4,180,610 in operating revenues in August and made a net gain of $169,732 after expenses.

But WMC Chief Financial Officer Lynn Luloff had a few concerns.  The financial figures were below the hospital's budget goals for the month.  Luloff is also concerned about a drop in the number of inpatient cases at the hospital, although she notes "inpatient census is down across the country."

Nevertheless, for July and August--the first two months of the hospital's fiscal year--it is showing a net gain of $227,524.