CCN 190045, COVINGTON, LA · Medicare cost reports, FY2020–FY2025
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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| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total facility beds availableunverified | 220 | 213 | 213 | 229 | 262 | 262 |
| Total bed days availableunverified | 80,520 | 77,745 | 77,745 | 83,585 | 95,892 | 95,630 |
| Total facility dischargesunverified | 11,213 | 11,899 | 12,117 | 14,503 | 13,215 | 13,356 |
| Total facility inpatient daysunverified | 48,076 | 56,669 | 63,062 | 59,553 | 61,515 | 63,952 |
| Total patient revenue (gross charges)unverified | $1,549,276,997 | $1,684,586,287 | $1,762,282,908 | $1,904,868,388 | $2,041,571,050 | $2,231,949,566 |
| Contractual allowances and discountsunverified | $1,204,148,000 | $1,288,368,437 | $1,327,693,934 | $1,441,982,490 | $1,541,316,383 | $1,677,633,187 |
| Net patient revenueunverified | $345,128,997 | $396,217,850 | $434,588,974 | $462,885,898 | $500,254,667 | $554,316,379 |
| Total operating expensesunverified | $356,236,932 | $384,306,409 | $414,938,521 | $455,030,763 | $491,175,571 | $567,827,161 |
| Net income from service to patientsunverified | $-11,107,935 | $11,911,441 | $19,650,453 | $7,855,135 | $9,079,096 | $-13,510,782 |
| Net incomeunverified | $46,197,664 | $33,780,962 | $28,029,448 | $55,628,731 | $59,900,551 | $49,947,898 |
| Cost of uncompensated careunverified | $4,150,159 | $6,114,322 | $1,975,834 | $8,021,365 | $7,384,276 | $8,706,006 |
| Total facility bad debt expenseunverified | $14,769,878 | $24,378,917 | $6,659,749 | $37,181,677 | $33,969,074 | $35,193,447 |
| Charity care charges and uninsured discountsunverified | $1,769,061 | $1,393,620 | $641,686 | $1,041,643 | $862,286 | $2,383,451 |
| Cost of charity careunverified | $1,000,358 | $1,022,028 | $469,374 | $518,930 | $377,743 | $1,255,604 |
| Operating marginunverified | -3.2% | 3.0% | 4.5% | 1.7% | 1.8% | -2.4% |
| Overall cost-to-charge ratiounverified | 23.0% | 22.8% | 23.5% | 23.9% | 24.1% | 25.4% |
| Occupancy rateunverified | 59.7% | 72.9% | 81.1% | 71.2% | 64.2% | 66.9% |
| Average length of stayunverified | 4.3 | 4.8 | 5.2 | 4.1 | 4.7 | 4.8 |
| Uncompensated care as % of operating expenseunverified | 1.2% | 1.6% | 0.5% | 1.8% | 1.5% | 1.5% |
| Charity care cost-to-charge ratiounverified | 56.5% | 73.3% | 73.1% | 49.8% | 43.8% | 52.7% |