For public record, the accounting firm of Seim Johnson, LLP released an audit report for Health Partners of Southwest Iowa on Sept. 23, 2019.
The Organization’s total operating revenue totaled $1,001,029 for the year ended June 30, 2019, a 22.2 percent increase from the prior year. Nonoperating revenue was $24,635 which was comprised of investment income.
Operating expenses for the year totaled $820,652, a 9.6 percent decrease from the prior year, and included $289,259 for nuclide costs, supplies, and other expenses; $495,076 for contract labor; and $36,317 for depreciation.
A copy of the audit report is available for review in the Organization’s Administrator’s Office, in the Office of the Auditor of State and on the Auditor of State’s web site at https://auditor.iowa.gov/audit-reports.