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Hospital district considers investment option

In the light of recent cost-of-living increases and a nationwide period of high inflation, Crook County Medical Services District is seeking new ways to increase its liquidity.

The Board of Trustees recently approved a rate increase for services and, last week, listened to a presentation from a local government investment pool called Wyoming CLASS.

The name stands for “Wyoming Cooperative Liquid Assets Securities System”, a program organized in 2020 to provide public entities in this state with a competitive investment alternative. Participants are invested in short-term, prime or high...