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 263 | ||
Cost Report 756726 6/30/2023 for 365 Days | Cost Report Status is Submitted | Total POS Beds 0 |
Financial KPI's | Operating KPI's | ||||
Current Ratio | 9.4 | Patient Occupancy Percent | 64.7% | ||
Days to Collect in AR | 74.1 Days | Avg Length of Stay (LOS) | 6.1 Days | ||
Avg AP Payment Days | 18.0 Days | Medicare LOS | 5.7 Days | ||
Days of Cash in Bank | 192.2 Days | Employee Avg Hourly Wages | $36.15 |
Balance Sheet | Income Statement | ||||
Current Assets | $368,220,296 | Total Charges | $3,943,169,963 | ||
Fixed Assets | $323,023,883 | Contract Allowance | $3,505,490,792; | 88.9% | |
Other Assets | $172,833,831 | Operating Revenue | $437,679,171 | 11.1% | |
Total Assets | $864,078,010 | Operating Expenses | $542,360,324 | 123.9% | |
Current Liabilities | $39,048,823 | Operating Margin | ($104,681,153) | -23.9% | |
Long Term Liabilities | $534,922,560 | Other Income | $53,772,691 | 12.3% | |
Total Equity | $290,106,627 | Other Expense | $672,206 | 0.2% | |
Total Liabilities and Equity | $864,078,010 | Net Profit or Loss | ($51,580,668) | -11.8% |
Line | Account | Cost | Charges | Ratio |
30 | Adults and Pediatrics - General Routine Care | $107,321,081 | $390,639,194 | 0.2747 |
31 | Intensive Care Unit | $31,932,269 | $161,517,543 | 0.1977 |
32 | Coronary Care Unit | $26,851,736 | $148,623,075 | 0.1807 |
43 | Nursery | $0 | $0 | |
44 | Skilled Nursing Care | $0 | $0 | |
50 | Operating Room | $25,899,917 | $424,628,472 | 0.0610 |
51 | Recovery Room | $9,293,675 | $23,764,849 | 0.3911 |
52 | Labor and Delivery Room | $0 | $0 |
Lines | Description | Amount | Lines | Description | Amount |
01 | Capital Related - Building and Fixtures | $26,759,972 | 13 | Nursing Administration | $8,756,203 |
02,03 | Captial Related - Movable Equipment | $17,759,675 | 14 | Central Services and Supply | $1,922,779 |
04 | Employee Benefits | $32,028,560 | 15 | Pharmacy | $7,272,686 |
05 | Administrative and General | $91,630,744 | 16 | Medical Records and Medical Library | $1,672,220 |
06 | Maintenance and Repairs | $17,115,419 | 17 | Social Services | $256,738 |
07 | Operation of Plant | $108,295 | 18 | Other General Service Expense | $0 |
08,09 | Laundry, Linen and Housekeeping | $3,544,992 | 19 | Non Physician Anesthetist | $0 |
10,11 | Dietary and Cafeteria | $5,426,705 | 20,21,22,23 | Education Programs | $1,617,112 |
Total General Service Cost Centers | $215,872,100 |