Lovelace Medical Center- Downtown
601 Martin Luther King Jr. Ne, Albuquerque, NM 87102 · Bernalillo County
General Acute ★ CMS 2/5 Emergency services
At a glance
Latest cost report FY2024
Net patient revenue
$337.2M
Operating margin
-10.2%
Net income
-$27.3M
Staffed beds
286
Annual discharges
11,334
Case mix index
2.42
Ownership & identity
Control, system & affiliation
Ownership / controlFor-profit (corp) Health systemAhs Management (35) Hospital typeGeneral Acute Phone(505) 727-8000 CMS star rating2 / 5 Emergency servicesYes
Net patient revenue trend
FY2020–FY2024
| Fiscal year | Net patient revenue |
|---|---|
| FY2020 | $335,463,581 |
| FY2021 | $366,273,805 |
| FY2022 | $349,618,151 |
| FY2023 | $338,364,899 |
| FY2024 | $337,187,248 |
Payer mix
Share of inpatient days
Medicare23.9%Medicaid1.3%Commercial & other74.9%
How Lovelace Medical Center- Downtown compares
#6 of 53 New Mexico hospitals by net patient revenue
San Juan Regional Medical Center · Farmington $358.8M Memorial Medical Center · Las Cruces $378.0M Gerald Champion Regional Medical Center · Alamogordo $269.2M Mountain View Reg Medical Center · Las Cruces $263.0M Lovelace Womens Hospital · Albuquerque $205.8M Plains Regional Medical Center - Clovis · Clovis $136.1M
Other Ahs Management hospitals
Same health system · view all
Portneuf Medical Center · Pocatello, ID $511.5M St.francis Health Center · Topeka, KS $290.4M Hackensack UMC at Pascack Valley · Westwood, NJ $156.4M Mountainside Hospital · Montclair, NJ $346.0M Lovelace Regional Hospital-Roswell · Roswell, NM $54.6M Lovelace Rehabilitation Hospital · Albuquerque, NM $55.5M Lovelace Womens Hospital · Albuquerque, NM $205.8M Bailey Medical Center · Owasso, OK $70.0M
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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