Friday, December 2, 2011

Hospital in the Black

Lake of the Woods District Hospital continues to operate in the black, but the size of its surplus is slowly shrinking.

Director of Finance, Cindy Gasparini says through seven months they have a surplus of 124 thousand dollars.

That's about 100 thousand dollars less than last month.

Gasparini expects they will be able to balance their books this year, but the winter months are a lot tougher on their budget, with less revenue from seasonal visitors, and increased costs for utilities and wages.