COVENANT HOSPITAL LEVELLAND — financial and operating metrics

CCN 450755, LEVELLAND, 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 availableunverified484831212121
Total bed days availableunverified17,56817,52011,3157,6657,6867,665
Total facility dischargesunverified647593494359373474
Total facility inpatient daysunverified2,0572,2191,7511,0881,0741,389
Total patient revenue (gross charges)unverified$57,901,435$59,511,133$58,998,028$53,802,487$57,120,846$64,742,178
Contractual allowances and discountsunverified$37,375,786$39,094,139$37,430,931$31,193,014$34,808,880$39,517,712
Net patient revenueunverified$20,525,649$20,416,994$21,567,097$22,609,473$22,311,966$25,224,466
Total operating expensesunverified$21,925,788$22,721,210$33,982,033$33,043,054$33,673,201$31,931,112
Net income from service to patientsunverified$-1,400,139$-2,304,216$-12,414,936$-10,433,581$-11,361,235$-6,706,646
Net incomeunverified$5,606,693$-3,325,062$-7,185,008$-7,190,210$-8,131,677$-2,292,176
Cost of uncompensated careunverified$3,896,987$2,826,691$1,593,174$3,131,975$3,329,152$3,206,123
Total facility bad debt expenseunverified$1,426,924$1,181,394$1,775,475$1,852,713$1,885,217$1,642,028
Charity care charges and uninsured discountsunverified$6,552,822$4,653,739$1,847,162$3,922,353$4,712,023$5,463,847
Cost of charity careunverified$3,246,405$2,279,900$814,007$2,131,373$2,397,526$2,487,233
Charges for insured patients' liabilityunverified$1,950$208
Operating marginunverified-6.8%-11.3%-57.6%-46.1%-50.9%-26.6%
Overall cost-to-charge ratiounverified37.9%38.2%57.6%61.4%59.0%49.3%
Occupancy rateunverified11.7%12.7%15.5%14.2%14.0%18.1%
Average length of stayunverified3.23.73.53.02.92.9
Uncompensated care as % of operating expenseunverified17.8%12.4%4.7%9.5%9.9%10.0%
Charity care cost-to-charge ratiounverified49.5%49.0%44.1%54.3%50.9%45.5%
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