Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Texas · Ranked 465 of 1033 by CEO pay.

Covenant Medical Center

Amy Thompson MD, Lubbock Area Market/CEO. Fiscal year ending 2024-12.

$896,775
CEO total compensation
Form 990 Part VII, columns D+E+F
2.60%
of expenses spent on charity care
Schedule H Part I line 7a
3.2%
CEO pay as a share of all charity care

Most of the reported compensation ($784,091 of $896,775) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$1,106,545,171
Total expenses
$1,077,204,574
Net assets
$963,968,816
Employees
4,371
Hospitals covered
3 facilities across 3 filings
Charity care, net
$28,004,686
Bad debt
Medicare surplus (shortfall), as filed
($77,781,500)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$784,091
Other compensation, including deferred pay and nontaxable benefits (col. F)
$112,684
CEO total compensation (D+E+F)
$896,775 to Amy Thompson MD

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Covenant Medical Center, EIN 82-2913146, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$44.0M Of which charity care to patients who could not pay (line 7a)$28.0M (64%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt () and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Covenant Medical Center82-29131462024-12$563.6M$23.9M3.95%990
Methodist Children's Hospital75-24289112024-12$471.3M$3.9M1.06%990
Lubbock Heritage Hospital LLC26-40210162024-12$71.7M$193,6950.19%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Covenant Medical Center: CEO pay $896,775, charity care 2.60% of expenses