Quincy hospital finances improving

QUINCY — Financially, 2021 was a good year for Quincy Valley Medical Center. Luke Zarecor, of the Spokane Valley accounting firm DZA, said he attended the Aug. 22 board meeting in part to recognize the work done by hospital employees and board members. “The reason I wanted to come in person this year, in particular, is to say congratulations for an amazing job,” Zarecor said. “Going back six, seven years ago when I first started here, your registered warrants were greater than your net patient service revenue in one year. And I did not know what the path forward was.” Registered warrants are issued by junior taxing districts, like the hospital, when they don’t have enough cash on hand to pay their obligations. The junior taxing district borrows money from Grant County to pay its bills, then pays the money back with interest...