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Le Mars council accepts Floyd Valley Healthcare audit showing revenue growth
Summary
The council accepted Floyd Valley Healthcare's audited financial report for the year ending June 30, 2025; CFO Daryl Friedenbach reported $65.5 million in operating revenues, about a 15% increase year-over-year, and a net position near $51.8 million.
The Le Mars City Council accepted the Floyd Valley Healthcare audit for the year ending June 30, 2025 after a presentation by Daryl Friedenbach, identified in the meeting as the healthcare system's chief financial officer.
Friedenbach summarized key figures from the audit: net operating revenues of $65,500,000 (about a 15% increase over the…
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