Skip to main content

Hospital audit reveals financial effects of staffing issues, pandemic

Spencer Hospital’s annual audit report reflected a similar story to health care entities across the country, with operating margins negatively impacted by the COVID-19 pandemic, increased expenses related to staffing and a decreased return on investments. The hospital ended the fiscal year with a 0.4% negative operating margin as outlined in the annual audit report presented at October’s hospital board meeting.

--- Online Subscribers: Please click here to log in to read this story and access spencerdailyreporter.com

Not an Online Subscriber? Click here to subscribe.



Sign up for News Alerts

Subscribe to news updates