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Record revenues for October for Winneshiek Medical Center

Posted: Mon, Dec 9, 2019 1:26 PM

Winneshiek Medical Center had its highest revenues for an October this October.

The medical center brought in $11,357,261 in total patient service revenues in October.  With adjustments, the net patient service revenue was $5,706,147.

The hospital had higher than predicted operating expenses, however--a total of $5,813,375.  Even so, it ended with a net gain of $233,371 for October.

For the first four months of the 2020 fiscal year, Winneshiek Medical Center is still showing a loss of $310,308.  However, non-operating revenues of $388,275 have produced an overall Net Gain of $77,967.