Winneshiek County Supervisors are told the financial outlook at Winneshiek Medical Center is improving

The Winneshiek County Board of Supervisors levies property taxes which are on behalf of Winneshiek Medical Center, so each year WMC officials give a report to the county board on the medical center's financial situation.

Of course, this year was "unprecedented," so the financial figures need to be studied through a different lens.  Winneshiek Medical Center Chief Financial Officer Lynn Luloff told supervisors Monday that WMC is recovering from what she called "a quite challenging year."  The medical center lost a total of around $4 million in the three-month span of March, April and May, when the ban on elective surgery because of COVID-19 was felt the strongest.

But Luloff says July, August and September financial figures for WMC show positive gains.  She also says the $6.6 million given to Winneshiek Medical Center through the federal stimulus package will make a big difference--especially since it now appears that "loan" will be forgiven.

Luloff told supervisors it looks like WMC will have an operating gain of $1.3 million in the 2021 fiscal year, which will make the 2021 fiscal year a lot more positive.