| 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 793552 6/30/2023 for 365 Days | Cost Report Status is Amended | 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 | $109,169,147 | $390,639,194 | 0.2795 |
| 31 | Intensive Care Unit | $32,444,857 | $161,517,543 | 0.2009 |
| 32 | Coronary Care Unit | $27,245,612 | $148,623,075 | 0.1833 |
| 43 | Nursery | $0 | $0 | |
| 44 | Skilled Nursing Care | $0 | $0 | |
| 50 | Operating Room | $27,373,895 | $424,628,472 | 0.0645 |
| 51 | Recovery Room | $9,830,687 | $23,764,849 | 0.4137 |
| 52 | Labor and Delivery Room | $0 | $0 |
| Lines | Description | Amount | Lines | Description | Amount |
| 01 | Capital Related - Building and Fixtures | $31,108,820 | 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 | $1,527,532 |
| Total General Service Cost Centers | $220,131,368 |