COVENANT HOSPITAL LEVELLAND — History
CCN 450755 | 3-year financial timeline | COVID resilience: 23/100
🛡️ Public data only — no PHI permitted on this instance.
$23M
Latest Revenue (FY2022)
+5.2%
Revenue CAGR (3yr)
-46.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $22M | $23M | +4.8% | +5.2% |
| Operating Expenses | $23M | $34M | $33M | -2.8% | +20.6% |
| Operating Margin | -11.3% | -57.6% | -46.1% | +19.8% | +0.0% |
| Net Income | $-2M | $-12M | $-10M | +16.0% | +0.0% |
| Licensed Beds | 48 | 31 | 21 | -32.3% | -33.9% |
| Total Patient Days | 2,219 | 1,751 | 1,088 | -37.9% | -30.0% |
| Medicare Day % | 24% | 18% | 18% | +4.2% | -12.4% |
| Medicaid Day % | 4% | 5% | 6% | +22.1% | +24.4% |
COVID Impact & Recovery
Resilience Score: 23/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +10.7% ($20M → $23M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.2%
This Hospital
+7.6%
State Avg
Latest Margin
-46.1%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $24M | -63.6% |
| FY2024 (proj) | $25M | -81.0% |
| FY2025 (proj) | $26M | -98.4% |