Covenant Health Hobbs Hospital
5419 N Lovington Hwy, Hobbs, NM 88240 · Lea County
General Acute ★ CMS 3/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$37.9M
Operating margin
-87.9%
Net income
-$32.2M
Staffed beds
25
Annual discharges
1,026
Case mix index
1.54
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (church) Health systemProvidence Health & Services - Washington (77) Hospital typeGeneral Acute Phone(575) 492-5000 CMS star rating3 / 5 Emergency servicesYes
Net patient revenue trend
FY2019–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2019 | $50,068,125 |
| FY2020 | $42,853,133 |
| FY2021 | $22,395,133 |
| FY2022 | $44,283,469 |
| FY2023 | $31,802,204 |
| FY2024 | $37,851,874 |
Payer mix
Share of inpatient days
Medicare27.2%Medicaid0.4%Commercial & other72.4%
How Covenant Health Hobbs Hospital compares
#36 of 53 New Mexico hospitals by net patient revenue
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Full financial detail
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🔒 5-year income statement & balance sheet
Line-by-line revenue, expenses, assets, liabilities and net assets for FY2020–FY2024, plus top Medicare DRGs, cost structure, EBITDAR, and Medicare reimbursement (IME, DSH, charity & uncompensated care).
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