County Profile for Covington - 2024



County Controls Information

Cost Report Counts Population
Total Hospital Count 1 Total Population on July 31, 2024 18,015
Total Cost Reports Filed in 2024 1 Total Births 243
Total Cost Reports Submitted 1 Total Deaths 265
Total Cost Reports Settled 0 Net Population Natural Change -22
Total Cost Reports Reopened 0 Total International Migration -6
Total Cost Reports Ammended 0 Total Domestic Migration 22
Total Cost Reports Audited 0 Total Residual 1
Net Population Change -5

County Financial Statements - Worksheet G

Balance Sheet Income Statement
Current Assets 10,595,484 Total Charges 65,191,868
Fixed Assets 12,093,009 Contract Allowance 30,751,336
Other Assets 0 Operating Revenue 34,440,532
Total Assets 22,688,493 Operating Expenses 43,604,837
Current Liabilities 5,074,315 Operating Margin -9,164,305
Long Term Liabilities 4,077,796 Other Income 7,999,829
Total Equity 13,536,382 Other Expense 0
Total Liabilities and Equity 22,688,493 Net Profit or Loss -1,164,476

County Calculations

Per Discharge Statistics Per Bed Statistics Per Person Statistics
Revenue per Discharge $334,374 Revenue per Bed $1,324,636 Revenue per Person $1,912
Net Margin per Discharge ($88,974) Net Margin per Bed ($352,473) Net Margin per Person ($509)
Net Profit per Discharge ($11,306) Net Profit per Bed ($44,788) Net Profit per Person ($65)
Net Fixed Assets per Discharge $117,408 Net Fixed Assets per Bed $465,116 Net Fixed Assets per Bed $671
Long Term Debt per Discharge $39,590 Long Term Debt per Bed $156,838 Long Term Debt per Person $226
Persons per Discharge 0 Persons per Bed 693
Occupancy Rate 58.1 %
Length of Stay 52 Days

County Ranking of Selected Values

Income Statement Balance Sheet Statistics
Total Charges 1,842 Net Fixed Assets 1,753 Population Estimate 1,932
Total Revenue 1,745 Long Term Liabilities 1,512 Total Patient Discharges 2,240
Net Margin 2,669 Total Patient Beds 1,529
Net Profit or Loss 2,758

County Charges and Direct Cost - Worksheet B and C

Line Description Direct Cost Charges Ratio
30 Adults and Pediatrics - General Routine Care 5,248,181 2,859,413 1.8354
31 Intensive Care Unit 0 0
32 Coronary Care Unit 0 0
43 Nursery 0 0
44 Skilled Nursing Care 0 0
50 Operating Room 0 0
51 Recovery Room 0 0
52 Labor and Delivery Room 0 0

County General Service Cost - Worksheet A

Lines Description Amount Lines Description Amount
01 Capital Related - Building and Fixtures 494,188 13 Nursing Administration 13,911
02,03 Captial Related - Movable Equipment 286,758 14 Central Services and Supply 8,197
04 Employee Benefits 311,900 15 Pharmacy 643,603
05 Administrative and General 4,741,405 16 Medical Records and Medical Library 209,362
06 Maintenance and Repairs 1,174,192 17 Social Services 0
07 Operation of Plant 0 18 Other General Service Expense 0
08,09 Laundry, Linen and Housekeeping 831,458 19 Non Physician Anesthetist 0
10,11 Dietary and Cafeteria 1,272,416 20,21,22,23 Education Programs 0
Total General Service Cost Centers 9,987,390

County Profile for Covington - 2024