| COVENANT MEDICAL CENTER | Hospital POS Number | 450040 |
| 3615 19TH ST | Hospital Control | Nonprofit - Church |
| LUBBOCK , TX 79410 | Hospital Type | General Short Term |
| LUBBOCK | Medicare Utilization | Full Util |
| Hospital Location is Rural | ||
| Total Cost Report Beds 355 | ||
| Cost Report 826393 6/30/2024 for 366 Days | Cost Report Status is Submitted | Total POS Beds 0 |
| Financial KPI's | Operating KPI's | ||||
| Current Ratio | 0.7 | Patient Occupancy Percent | 60.9% | ||
| Days to Collect in AR | 77.1 Days | Avg Length of Stay (LOS) | 5.7 Days | ||
| Avg AP Payment Days | 16.4 Days | Medicare LOS | 5.3 Days | ||
| Days of Cash in Bank | -38.6 Days | Employee Avg Hourly Wages | $37.69 | ||
| Balance Sheet | Income Statement | ||||
| Current Assets | $96,895,102 | Total Charges | $4,457,634,645 | ||
| Fixed Assets | $334,087,459 | Contract Allowance | $3,952,807,566; | 88.7% | |
| Other Assets | $179,524,226 | Operating Revenue | $504,827,079 | 11.3% | |
| Total Assets | $610,506,787 | Operating Expenses | $585,750,784 | 116.0% | |
| Current Liabilities | $137,524,305 | Operating Margin | ($80,923,705) | -16.0% | |
| Long Term Liabilities | $205,106,857 | Other Income | $42,323,117 | 8.4% | |
| Total Equity | $267,875,625 | Other Expense | $641,286 | 0.1% | |
| Total Liabilities and Equity | $610,506,787 | Net Profit or Loss | ($39,241,874) | -7.8% | |
| Line | Account | Cost | Charges | Ratio |
| 30 | Adults and Pediatrics - General Routine Care | $116,881,239 | $495,530,310 | 0.2359 |
| 31 | Intensive Care Unit | $31,338,117 | $179,167,065 | 0.1749 |
| 32 | Coronary Care Unit | $30,489,285 | $173,889,229 | 0.1753 |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $31,120,294 | $507,772,205 | 0.0613 |
| 51 | Recovery Room | $9,276,295 | $28,776,492 | 0.3224 |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $27,319,303 | 13 | Nursing Administration | $8,114,697 |
| 02,03 | Captial Related - Movable Equipment | $18,076,443 | 14 | Central Services and Supply | $2,456,409 |
| 04 | Employee Benefits | $34,413,010 | 15 | Pharmacy | $7,975,722 |
| 05 | Administrative and General | $84,332,886 | 16 | Medical Records and Medical Library | $2,054,942 |
| 06 | Maintenance and Repairs | $18,222,846 | 17 | Social Services | $128,430 |
| 07 | Operation of Plant | $173,486 | 18 | Other General Service Expense | $0 |
| 08,09 | Laundry, Linen and Housekeeping | $4,224,334 | 19 | Non Physician Anesthetist | $0 |
| 10,11 | Dietary and Cafeteria | $6,338,949 | 20,21,22,23 | Education Programs | $3,280,355 |
| Total General Service Cost Centers | $217,111,812 |