Long-term care hospital · Lubbock, Texas · 56 beds · CMS certification number 452102
Covenant Specialty Hospital
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS November 19, 2025. Eighteen years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue fell from $15.9M in its first year on file (2008) to $10.2M in 2025.
- Its result from patient care: $1.5M (2023), −$5.0M (2024), −$14.5M (2025).
- 3 of the 5 long-term care hospital peers below with a margin on file also report a loss on patient care for fiscal year 2025.
- COVENANT HEALTH SYSTEM holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
Eighteen years of filings
Net patient revenue against operating expenses, each year as filed.
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Beside its peers
Long-term care hospitals in Texas with 50 to 99 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Covenant Specialty Hospital | 56 | $10,159,006 | $24,676,642 | −142.9% |
| Kindred Hospital Clear Lake, Webster | 67 | $31,183,173 | $33,415,729 | −7.2% |
| Kindred Hospital - San Antonio, San Antonio | 59 | $18,021,547 | $20,917,012 | −16.1% |
| Pam Specialty Hospital of San Antonio Medical Center, San Antonio | 62 | $28,800,515 | $30,327,338 | −5.3% |
| Solara Specialty Hospitals McAllen, Mcallen | 53 | $23,977,834 | $22,236,029 | 7.3% |
| Select Specialty Hospital- Dallas, Plano | 70 | $46,834,975 | $41,897,377 | 10.5% |
Patients and payers
- Discharges
- 160S-3 line 14, col 15
- Inpatient days
- 4,409S-3 line 14, col 8
- Beds in use, on an average day
- 12.1days ÷ days in year
- Occupancy
- 21.6%days ÷ bed days
- Medicare share of days
- 45.0%S-3 cols 6 ÷ 8
Who owns it
- COVENANT HEALTH SYSTEM100%
Related organizations on its own cost report: HB0533 ST JOSE, system office; HB0619 COVENAN, corporate shar; HB0456 PROVIDE, regional offic.
Other hospitals with the same owner: Covenant Health Hobbs Hospital (NM), Covenant Medical Center (TX), Grace Surgical Hospital (TX), Covenant Hospital Plainview (TX), Covenant Hospital Levelland (TX), Covenant Children's Hospital (TX), Trustpoint Rehabilitation Hospital of Lubbock (TX).
Type of control on its cost report: proprietary, other.
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 452102. 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 November 19, 2025.