Hospital · Short-term acute hospital
Who owns Lovelace Medical Center?
601 Dr Martin Luther King Jr Ave Ne · Albuquerque, NM · 87102
Overview
Lovelace Medical Center is a short-term acute hospital in Albuquerque, New Mexico, operated by Ardent Health Services. Bernalillo County has 16 hospitals, 16 nursing homes and 30 urgent care centers.
Ownership
Lovelace Medical Center is operated by Ardent Health Services, part of EGI-AM Investments, L.L.C. (Equity Group Investments).
- Operator
- Ardent Health Services
- Owner group
- EGI-AM Investments, L.L.C. (Equity Group Investments)
- Ownership type
- Private For Profit
- Sources
- CMS record · 2024
- Company website · 2026
Ownership history
Every dated change of operator and owner for Lovelace Medical Center, with the source for each.
Full ownership tree of EGI-AM Investments, L.L.C. (Equity Group Investments)
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2025.
| Net patient revenue | $356.3M |
| Operating expenses | $401.1M |
| Net income | −$37.8M |
| Net income as a share of net patient revenue | -10.6% |
| Uncompensated care cost | $8.0M |
| Charity care cost | $5.5M |
| Medicaid net revenue | $44.4M |
| Medicare disproportionate share percentage | 13.0% |
Payer mix by inpatient days (2025)
- Commercial and other 75.2%
- Medicare 23.6%
- Medicaid 1.2%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 188 | $14K |
| Percutaneous and other intracardiac procedures without MCC · 274 | 174 | $23K |
| Heart failure and shock with MCC · 291 | 156 | $9K |
| Endovascular cardiac valve replacement and supplement procedures without MCC · 267 | 80 | $34K |
| Acute myocardial infarction, discharged alive with MCC · 280 | 64 | $12K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Level 3 Electrophysiologic Procedures · 5213 | 338 |
| Level 5 Musculoskeletal Procedures · 5115 | 332 |
| Level 1 Endovascular Procedures · 5191 | 279 |
| Level 2 Intraocular Procedures · 5492 | 221 |
| Comprehensive Observation Services · 8011 | 193 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 601 Dr Martin Luther King Jr Ave Ne · Albuquerque, NM · 87102
- County
- Bernalillo County
- State
- New Mexico
3 off-site locations
Campuses, off-site emergency departments and outpatient departments under this hospital's certification.
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Lovelace Unm Rehabilitation Hospital | Albuquerque | 0.1 mi |
| Heart Hospital of New Mexico at Lovelace Medical Center | Albuquerque | 0.2 mi |
| Kindred Hospital Albuquerque | Albuquerque | 0.3 mi |
| Presbyterian Hospital | Albuquerque | 0.4 mi |
| Unm Hospital | Albuquerque | 1.4 mi |
| Us Public Health Service Indian Hosp | Albuquerque | 1.5 mi |
Sources and identifiers
- Operator: CMS record · Company website
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2025
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 320009
- NPI
- 1306914213
- Last confirmed
- 2026-10-23
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