Short-term acute care hospital · Lubbock, Texas · 439 beds · CMS certification number 450040
Covenant Medical Center
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS September 28, 2026. 29 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $206.2M in its first year on file (1997) to $544.6M in 2025.
- Its result from patient care: −$104.7M (2023), −$80.9M (2024), −$89.0M (2025).
- 3 of the 5 short-term acute care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- Medicaid paid for 0.7% of its inpatient days and Medicare for 29.0%.
- COVENANT HEALTH SYSTEM holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
29 years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Short-term acute care hospitals in Texas with 400 and over beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Covenant Medical Center | 439 | $544,590,997 | $633,600,056 | −16.3% |
| Baylor Scott & White All Saints Medical Center - Fort Worth, Fort Worth | 457 | $652,543,839 | $569,635,016 | 12.7% |
| Memorial Hermann Memorial City Medical Center, Housston | 444 | $702,369,238 | $717,102,721 | −2.1% |
| Methodist Dallas Medical Center, Dallas | 403 | $657,416,530 | $710,554,643 | −8.1% |
| Northwest Texas Healthcare System, Amarillo | 415 | $440,367,412 | $407,135,271 | 7.5% |
| JPS Health Network, Fort Worth | 446 | $871,624,368 | $1,583,911,536 | −81.7% |
Patients and payers
- Discharges
- 18,504S-3 line 14, col 15
- Inpatient days
- 104,691S-3 line 14, col 8
- Beds in use, on an average day
- 287.6days ÷ days in year
- Occupancy
- 65.3%days ÷ bed days
- Medicare share of days
- 29.0%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.7%S-3 cols 7 ÷ 8
Who owns it
- COVENANT HEALTH SYSTEM100%
Related organizations on its own cost report: HB0533 ST JOSE (100%), system office; HB0456 PROVIDE (100%), corporate shar; HB0619 COVENAN (100%), regional offic.
Other hospitals with the same owner: Covenant Health Hobbs Hospital (NM), Grace Surgical Hospital (TX), Covenant Hospital Plainview (TX), Covenant Hospital Levelland (TX), Covenant Specialty Hospital (TX), Covenant Children's Hospital (TX), Trustpoint Rehabilitation Hospital of Lubbock (TX).
Type of control on its cost report: voluntary nonprofit, church.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 450040. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read September 28, 2026.