COVENANT CHILDRENS HOSPITAL — financial and operating metrics

CCN 453306, 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 availableunverified204204181181184184
Total bed days availableunverified74,66474,46066,06566,06567,34467,160
Total facility dischargesunverified5,5594,9964,6864,4604,7995,242
Total facility inpatient daysunverified29,69428,22428,60027,26530,46432,151
Total patient revenue (gross charges)unverified$1,702,127,319$1,776,442,319$1,858,896,650$1,876,770,072$2,047,268,975$2,320,473,003
Contractual allowances and discountsunverified$1,370,696,460$1,447,886,664$1,492,551,695$1,466,424,909$1,626,073,241$1,843,217,910
Net patient revenueunverified$331,430,859$328,555,655$366,344,955$410,345,163$421,195,734$477,255,093
Total operating expensesunverified$198,084,185$283,342,966$322,499,774$346,701,454$367,293,626$386,909,187
Net income from service to patientsunverified$133,346,674$45,212,689$43,845,181$63,643,709$53,902,108$90,345,906
Net incomeunverified$150,262,653$83,759,566$58,296,839$77,524,867$75,327,453$113,286,862
Operating marginunverified40.2%13.8%12.0%15.5%12.8%18.9%
Overall cost-to-charge ratiounverified11.6%16.0%17.3%18.5%17.9%16.7%
Occupancy rateunverified39.8%37.9%43.3%41.3%45.2%47.9%
Average length of stayunverified5.35.66.16.16.36.1
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