COVENANT HOSPITAL PLAINVIEW — financial and operating metrics

CCN 450539, PLAINVIEW, TX · 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 availableunverified494949494949
Total bed days availableunverified17,93417,88517,88517,88517,93417,885
Total facility dischargesunverified1,4501,4441,2791,2061,0921,180
Total facility inpatient daysunverified5,0466,7945,8384,2893,5254,047
Total patient revenue (gross charges)unverified$192,444,380$238,896,095$273,329,316$257,261,381$269,364,230$288,138,080
Contractual allowances and discountsunverified$151,551,257$184,703,811$214,143,953$188,792,826$203,011,473$220,553,631
Net patient revenueunverified$40,893,123$54,192,284$59,185,363$68,468,555$66,352,757$67,584,449
Total operating expensesunverified$42,191,208$46,662,425$79,666,073$80,406,416$80,925,633$74,674,192
Net income from service to patientsunverified$-1,298,085$7,529,859$-20,480,710$-11,937,861$-14,572,876$-7,089,743
Net incomeunverified$3,620,195$-1,921,499$-12,449,334$-9,217,703$-12,512,021$-4,018,246
Cost of uncompensated careunverified$7,190,606$6,083,690$5,548,667$7,909,968$7,422,927$7,799,836
Total facility bad debt expenseunverified$4,327,247$4,160,256$6,474,760$9,604,889$7,034,780$5,616,642
Charity care charges and uninsured discountsunverified$22,114,038$20,661,441$17,592,272$20,760,268$21,378,635$25,565,700
Cost of charity careunverified$6,162,340$5,166,801$4,119,298$5,478,692$5,681,962$6,493,793
Charges for insured patients' liabilityunverified$2,555$541
Operating marginunverified-3.2%13.9%-34.6%-17.4%-22.0%-10.5%
Overall cost-to-charge ratiounverified21.9%19.5%29.1%31.3%30.0%25.9%
Occupancy rateunverified28.1%38.0%32.6%24.0%19.7%22.6%
Average length of stayunverified3.54.74.63.63.23.4
Uncompensated care as % of operating expenseunverified17.0%13.0%7.0%9.8%9.2%10.4%
Charity care cost-to-charge ratiounverified27.9%25.0%23.4%26.4%26.6%25.4%
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