COVENANT SPECIALTY HOSPITAL — financial and operating metrics

CCN 452102, LUBBOCK, 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 availableunverified565656565656
Total bed days availableunverified20,49620,44020,44020,44020,49620,440
Total facility dischargesunverified386382253230173160
Total facility inpatient daysunverified9,92110,0376,7135,8764,2534,409
Total patient revenue (gross charges)unverified$192,412,264$207,881,639$146,892,887$121,245,518$107,062,692$125,861,206
Contractual allowances and discountsunverified$173,408,741$188,743,657$133,499,988$106,299,525$98,292,154$115,702,200
Net patient revenueunverified$19,003,523$19,137,982$13,392,899$14,945,993$8,770,538$10,159,006
Total operating expensesunverified$17,467,608$16,741,501$14,534,783$13,454,669$13,742,264$24,676,642
Net income from service to patientsunverified$1,535,915$2,396,481$-1,141,884$1,491,324$-4,971,726$-14,517,636
Net incomeunverified$2,438,122$1,634,922$-4,176$1,703,966$-4,966,169$-14,434,405
Operating marginunverified8.1%12.5%-8.5%10.0%-56.7%-142.9%
Overall cost-to-charge ratiounverified9.1%8.1%9.9%11.1%12.8%19.6%
Occupancy rateunverified48.4%49.1%32.8%28.7%20.8%21.6%
Average length of stayunverified25.726.326.525.524.627.6
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