Short-term acute care hospital · Hobbs, New Mexico · 27 beds · CMS certification number 320065
Covenant Health Hobbs Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 5, 2025. 29 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $40.8M in its first year on file (1997) to $55.6M in 2025.
- Its result from patient care: −$18.3M (2023), −$33.3M (2024), −$7.9M (2025).
- 4 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 0.9% of its inpatient days and Medicare for 22.5%.
- 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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as submitted
Beside its peers
Hospitals of the same type (short-term acute care hospital), nearest in size, from New Mexico first; each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Covenant Health Hobbs Hospital | 27 | $55,581,022 | $63,446,740 | −14.1% |
| Artesia General Hospital, Artesia | 20 | $70,962,440 | $83,074,443 | −17.1% |
| Los Alamos Medical Center, Los Alamos | 47 | $62,771,859 | $63,530,197 | −1.2% |
| Lovelace Regional Hospital Roswell, Roswell | 27 | $60,165,860 | $51,773,555 | 14.0% |
| Presbyterian Santa Fe Medical Center, Santa Fe | 36 | $137,679,126 | $170,781,095 | −24.0% |
| Three Crosses Regional Hospital, Las Cruces | 43 | $69,700,165 | $121,580,686 | −74.4% |
Patients and payers
- Discharges
- 1,442S-3 line 14, col 15
- Inpatient days
- 4,100S-3 line 14, col 8
- Beds in use, on an average day
- 11.3days ÷ days in year
- Occupancy
- 41.6%days ÷ bed days
- Medicare share of days
- 22.5%S-3 cols 6 ÷ 8
- Medicaid share of days
- 0.9%S-3 cols 7 ÷ 8
Who owns it
- COVENANT HEALTH SYSTEM100%
Related organizations on its own cost report: HB0456 PROVIDE (100%), corporate shar; HB0619 COVENAN (100%), regional offic.
Other hospitals with the same owner: Covenant Medical Center (TX), 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 320065. 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 December 5, 2025.