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Winneshiek Medical Center has another good month financially

Posted: Wed, Jun 3, 2015 8:24 PM

The latest financial statement for Winneshiek Medical Center continues the good news for the institution.

The April financial statement shows the hospital had total operating revenue of $4,413,944.  Less the total operating expenses of $4,346,962, that left WMC with an operating gain of $66,982.  When non-operating revenues were added, that gave WMC a net gain of $138,353 for the month.

Ten months into its 2014-2015 fisal year, the hospital has had total operating revenues of $44.8 million and a net gain of $2,431,915.  That's a 5.4 percent margin on revenues.