Covenant Medical Center
1447 North Harrison, Saginaw, MI 48602 · Saginaw County
General Acute ★ CMS 2/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$740.4M
Operating margin
-5.8%
Net income
$51.9M
Staffed beds
464
Annual discharges
22,980
Case mix index
1.79
Ownership & identity
Control, system & affiliation
Ownership / controlNonprofit (church) Health system— Hospital typeGeneral Acute Phone(989) 583-6000 CMS star rating2 / 5 Emergency servicesYes
Net patient revenue trend
FY2020–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2020 | $600,879,892 |
| FY2021 | $678,287,478 |
| FY2022 | $685,295,627 |
| FY2023 | $680,859,168 |
| FY2024 | $740,426,592 |
Payer mix
Share of inpatient days
Medicare18.6%Medicaid5.2%Commercial & other76.2%
How Covenant Medical Center compares
#14 of 163 Michigan hospitals by net patient revenue
Full financial detail
Premium · in the Hospitals app
🔒 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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