PAM II OF COVINGTON — financial and operating metrics

CCN 192048, 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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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified584231313131
Total bed days availableunverified21,22815,33011,31511,31511,34611,315
Total facility dischargesunverified401324309261303314
Total facility inpatient daysunverified9,3227,3137,3665,3767,5957,344
Total patient revenue (gross charges)unverified$57,544,573$62,635,091$59,687,020$52,512,297$66,879,122$68,088,288
Contractual allowances and discountsunverified$41,957,421$43,275,621$39,485,150$35,658,568$44,561,814$43,112,649
Net patient revenueunverified$15,587,152$19,359,470$20,201,870$16,853,729$22,317,308$24,975,639
Total operating expensesunverified$15,766,091$19,074,622$19,205,112$17,942,037$20,612,410$22,433,144
Net income from service to patientsunverified$-178,939$284,848$996,758$-1,088,308$1,704,898$2,542,495
Net incomeunverified$864,971$1,031,221$1,054,215$-725,347$2,151,582$2,733,917
Operating marginunverified-1.1%1.5%4.9%-6.5%7.6%10.2%
Overall cost-to-charge ratiounverified27.4%30.5%32.2%34.2%30.8%32.9%
Occupancy rateunverified43.9%47.7%65.1%47.5%66.9%64.9%
Average length of stayunverified23.222.623.820.625.123.4
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