Spirit Lake, IA (KICD)– Lakes Regional Healthcare in Spirit Lake has released its annual audit report for fiscal year 2023 that ended back in June.

President Jason Harrington says his facility like most others in the healthcare industry continues to see negative impacts from the COVID-19 pandemic.

Harrington says one of the most notable impacts relates to staffing shortages.

Overall, Lakes Regional Healthcare ended the fiscal year with a net loss of just under 71 thousand dollars which is 0.1 percent negative operations margin, but Harrington says there really is not a lot to be concerned about at this point considering this was the first year such numbers showed up.