COVENANT HOSPICE — financial and operating metrics

CCN 551780, LA PALMA, CA · Medicare cost reports, FY2019–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2019FY2020FY2021FY2022FY2023FY2024
Total patient revenue (gross charges)unverified$1,139,501$1,308,543$1,916,307$1,611,811$2,520,419$1,429,694
Contractual allowances and discountsunverified$38,473$24,238$233,529$13,270$32,915$461,883
Net patient revenueunverified$1,101,028$1,284,305$1,682,778$1,598,541$2,487,504$967,811
Total revenue, all sourcesunverified$1,101,227$1,325,507$1,696,462$1,613,462$2,487,504$967,811
Total operating expensesunverified$970,663$1,227,505$1,468,335$1,349,759$2,320,721$1,369,795
Net income (loss) for the periodunverified$130,564$98,002$228,127$263,703$166,783$-401,984
Total hospice daysunverified5,8916,4449,4398,39212,2746,879
Operating marginunverified11.9%7.4%13.4%16.3%6.7%-41.5%
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