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Covenant Health Hobbs Hospital

Covenant Health Hobbs Hospital in Hobbs, New Mexico charges 2.6x the Medicare reimbursement rate based on analysis of 4 medical procedures at this nonprofit facility.

Hobbs, NM 88240 · Acute Care Hospitals · CMS Rating: 3/5

By Michael Glenn , Healthcare Data Analyst · ·
Data from CMS files published FY 2024 CMS IPPS. Refreshed weekly.
About the analyst

Michael Glenn reviews CMS datasets and drug pricing at BillRazor Research. He focuses on NADAC acquisition costs and procedure coding accuracy. Expertise: drug pricing, NADAC data, CPT coding.

4 procedures analyzed
CMS price transparency data
Updated 2026-04-03
Median 3.0x1.0x15.0x
2.6x
Medicare markup ratio
NM lowestCovenant Health Hobbs ...NM highest
2.6x
Avg markup ratio
2.6x
Median markup
4
Procedures
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Pricing grade

B

Good

Avg markup vs Medicare

2.6x

Charge / Medicare rate

Max markup

2.75x

Worst procedure

Procedures analyzed

4

With pricing data

Outlier procedures

0%

Above 90th percentile

Pricing grades reflect how this hospital's chargemaster (list) rates compare to Medicare reimbursement benchmarks within the same state. Grades measure pricing patterns only — not quality of care, patient outcomes, or clinical performance. A lower grade does not mean a hospital provides inferior care. Based on publicly available federal data. Not endorsed by or affiliated with any government agency.

ProcedureCodeGross chargeCash priceMedicareMarkup
HEART FAILURE AND SHOCK WITH MCC291$29,290$14,6452.8x
RENAL FAILURE WITH MCC682$35,677$17,8392.6x
RESPIRATORY INFECTIONS AND INFLAMMATIONS WITH MCC177$41,758$20,8792.6x
SEPTICEMIA OR SEVERE SEPSIS WITHOUT MV >96 HOURS WITH MCC871$44,119$22,0602.5x

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Pricing data from federal hospital transparency files and physician fee schedules. Last updated: . All data is publicly available under federal law.

Rates shown are from the 2026 Medicare Physician Fee Schedule and CMS IPPS. BillRazor compares your bill against these data sources. See how it works →

Related pricing data

Data: Federal hospital pricing data, updated annually. All data publicly available under federal law.

Methodology: Hospital gross charges divided by Medicare payment for the same DRG. A ratio of 3.0x means the hospital's listed price is 3 times what Medicare pays. Chargemaster rates are list prices — they are not what most insured patients pay. Grades measure pricing patterns only — not quality of care or clinical performance.

This information is for educational purposes only and is not medical, financial, or legal advice. Actual costs depend on your insurance and provider. We recommend verifying costs directly with your provider. Full methodology · Terms of use

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