Charles City, Iowa – The Floyd County Supervisors and Floyd County Medical Center administration met Monday afternoon to discuss and answer questions regarding the hospital’s $500,000 funding request.
Administrator Rod Nordeng says the hospital is financially stable even if the supervisors don’t allocate the requested amount.
The hospital tells North Iowa News it’s saved nearly $200,000 from closing the Nashua Clinic and finding Meals on Wheels a new home trying to help offset lower reimbursement.
Nordeng says the main reason for the request is the change in reimbursement from outside entities.
Despite tighter budgets, the hospital provides top-of-line area care. Nurse.org recognized FCMC as the fourth best hospital for nurses in the state in 2017. The hospitals turnover rate is three percent less than the state average.
FCMC has conducted 89.5 percent of inpatient and outpatient procedures for the last five years, while the remaining county residents visit other hospitals.
Nordeng says the key to the hospitals’ continued success is finding new and innovative services that attract customers while trying to save money in other areas, such as new vein equipment.
Supervisor Linda Tjaden says the supervisors believe in the hospital and feels it’s key to the area.
The supervisors added no decision has been made on the amount- if any- the hospital would receive as they continue to work through next year’s budget.