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Hospital showed a net gain in May

Posted: Wed, Jul 6, 2011 6:44 PM

Winneshiek Medical Center is showing some healthy financial figures for the month of May.

The hospital brought in nearly $6 million in revenue in May.  That was reduced to around $3.5 million after contractual adjustments and deductions for charity care.

With operating expenses of $3,471,296 in May, the hospital showed a net gain of $174.012 for the month.

For the 11 months of fiscal year 2010-2011, Winneshiek Medical Center is showing a net gain of over $1 million.