| COVENANT HEALTH HOBBS HOSPITAL | Hospital POS Number | 320065 |
| 5419 N LOVINGTON HWY | Hospital Control | Nonprofit - Church |
| HOBBS , NM 88240 | Hospital Type | General Short Term |
| LEA | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 26 | ||
| Cost Report 756857 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | -6.0 | Patient Occupancy Percent | 26.6% | ||
| Days to Collect in AR | 143.4 Days | Avg Length of Stay (LOS) | 3.0 Days | ||
| Avg AP Payment Days | 28.1 Days | Medicare LOS | 3.5 Days | ||
| Days of Cash in Bank | -713.3 Days | Employee Avg Hourly Wages | $38.80 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | ($86,913,538) | Total Charges | $166,462,649 | ||
| Fixed Assets | $113,429,910 | Contract Allowance | $134,660,445; | 80.9% | |
| Other Assets | $100,857 | Operating Revenue | $31,802,204 | 19.1% | |
| Total Assets | $26,617,229 | Operating Expenses | $50,141,966 | 157.7% | |
| Current Liabilities | $14,506,758 | Operating Margin | ($18,339,762) | -57.7% | |
| Long Term Liabilities | $1,464,965 | Other Income | $592,883 | 1.9% | |
| Total Equity | $10,645,506 | Other Expense | $0 | 0.0% | |
| Total Liabilities and Equity | $26,617,229 | Net Profit or Loss | ($17,746,879) | -55.8% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $10,937,128 | $7,192,723 | 1.5206 |
| 31 | Intensive Care Unit | $4,516,687 | $3,384,974 | 1.3343 |
| 32 | Coronary Care Unit | $0 | $0 | |
| 43 | Nursery | $693,765 | $669,601 | 1.0361 |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $3,679,952 | $9,041,011 | 0.4070 |
| 51 | Recovery Room | $2,219,996 | $1,888,274 | 1.1757 |
| 52 | Labor and Delivery Room | $4,525,594 | $2,816,053 | 1.6071 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $3,556,452 | 13 | Nursing Administration | $968,820 |
| 02,03 | Captial Related - Movable Equipment | $2,550,617 | 14 | Central Services and Supply | $10,956 |
| 04 | Employee Benefits | $2,141,587 | 15 | Pharmacy | $1,156,624 |
| 05 | Administrative and General | $11,504,245 | 16 | Medical Records and Medical Library | $224,250 |
| 06 | Maintenance and Repairs | $5,047,494 | 17 | Social Services | $299,546 |
| 07 | Operation of Plant | $2,583 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $536,477 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $657,008 | 20,21,22,23 | Education Programs | $0 |
| Total General Service Cost Centers | $28,656,659 |