LOVELACE MEDICAL CENTER — financial and operating metrics

CCN 320009, ALBUQUERQUE, NM · 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 availableunverified293293286286286277
Total bed days availableunverified107,238106,945104,390104,390104,676101,046
Total facility dischargesunverified14,07713,01612,60211,56311,33411,959
Total facility inpatient daysunverified69,55070,40967,91565,76363,25264,727
Total patient revenue (gross charges)unverified$2,047,250,158$2,100,397,666$2,429,127,873$2,462,079,590$2,493,110,675$2,655,967,737
Contractual allowances and discountsunverified$1,711,786,577$1,734,123,861$2,079,509,722$2,123,714,691$2,155,923,427$2,299,680,111
Net patient revenueunverified$335,463,581$366,273,805$349,618,151$338,364,899$337,187,248$356,287,626
Total operating expensesunverified$325,154,720$350,152,426$347,047,274$376,240,952$371,576,725$401,055,235
Net income from service to patientsunverified$10,308,861$16,121,379$2,570,877$-37,876,053$-34,389,477$-44,767,609
Net incomeunverified$12,519,529$18,491,738$17,529,821$-30,032,868$-27,285,492$-37,762,357
Cost of uncompensated careunverified$4,526,199$3,605,582$2,967,195$3,175,915$5,840,076$7,976,364
Total facility bad debt expenseunverified$17,624,012$12,722,707$8,665,841$8,890,677$14,731,781$19,296,011
Charity care charges and uninsured discountsunverified$13,557,740$11,695,764$12,096,647$12,746,305$29,327,830$41,107,809
Cost of charity careunverified$2,137,329$1,785,929$1,674,587$1,862,458$3,880,860$5,468,348
Charges for insured patients' liabilityunverified$498,428$224,156
Operating marginunverified3.1%4.4%0.7%-11.2%-10.2%-12.6%
Overall cost-to-charge ratiounverified15.9%16.7%14.3%15.3%14.9%15.1%
Occupancy rateunverified64.9%65.8%65.1%63.0%60.4%64.1%
Average length of stayunverified4.95.45.45.75.65.4
Uncompensated care as % of operating expenseunverified1.4%1.0%0.9%0.8%1.6%2.0%
Charity care cost-to-charge ratiounverified15.8%15.3%13.8%14.6%13.2%13.3%
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