CCN 440131, COVINGTON, TN · 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 | 48 | 48 | 48 | 48 | 48 | 31 |
| Total bed days availableunverified | 17,568 | 17,520 | 17,520 | 17,520 | 17,298 | 10,612 |
| Total facility dischargesunverified | 1,073 | 1,256 | 1,568 | 2,103 | 2,960 | 2,432 |
| Total facility inpatient daysunverified | 2,192 | 3,691 | 3,677 | 3,608 | 3,619 | 3,706 |
| Total patient revenue (gross charges)unverified | $622,186,487 | $718,694,055 | $756,055,256 | $796,437,137 | $1,038,236,774 | $1,002,164,472 |
| Contractual allowances and discountsunverified | $476,588,687 | $547,574,081 | $577,059,365 | $596,847,599 | $679,577,658 | $754,933,982 |
| Net patient revenueunverified | $145,597,800 | $171,119,974 | $178,995,891 | $199,589,538 | $358,659,116 | $247,230,490 |
| Total operating expensesunverified | $150,507,119 | $175,939,695 | $189,290,989 | $204,306,087 | $309,814,551 | $370,630,668 |
| Net income from service to patientsunverified | $-4,909,319 | $-4,819,721 | $-10,295,098 | $-4,716,549 | $48,844,565 | $-123,400,178 |
| Net incomeunverified | $6,248,549 | $14,720,980 | $13,944,622 | $32,324,593 | $94,777,571 | $114,706,857 |
| Cost of uncompensated careunverified | $5,344,711 | $5,665,792 | $5,817,348 | $7,392,962 | $6,802,019 | $7,589,114 |
| Total facility bad debt expenseunverified | $8,125,180 | $6,883,647 | $6,624,100 | $10,174,555 | $7,570,108 | $8,822,310 |
| Charity care charges and uninsured discountsunverified | $17,052,063 | $20,759,140 | $22,758,029 | $24,919,878 | $26,655,776 | $29,527,597 |
| Cost of charity careunverified | $3,507,558 | $4,151,197 | $4,430,260 | $5,175,948 | $5,229,173 | $5,768,590 |
| Charges for insured patients' liabilityunverified | — | — | — | $1,374 | — | — |
| Operating marginunverified | -3.4% | -2.8% | -5.8% | -2.4% | 13.6% | -49.9% |
| Overall cost-to-charge ratiounverified | 24.2% | 24.5% | 25.0% | 25.7% | 29.8% | 37.0% |
| Occupancy rateunverified | 12.5% | 21.1% | 21.0% | 20.6% | 20.9% | 34.9% |
| Average length of stayunverified | 2.0 | 2.9 | 2.3 | 1.7 | 1.2 | 1.5 |
| Uncompensated care as % of operating expenseunverified | 3.6% | 3.2% | 3.1% | 3.6% | 2.2% | 2.0% |
| Charity care cost-to-charge ratiounverified | 20.6% | 20.0% | 19.5% | 20.8% | 19.6% | 19.5% |