Of the 158 patients at University Hospital who have Covid, 25 of those are in critical care - a lower proportion than that during the previous height of the pandemic in April 2020.
"We have learned how to treat people differently to keep them out of critical care," said Mr Hardy.
"We have had Covid now for approaching a year, so we have learned lessons."
At the start of this week, the UK's Covid threat level was moved up to level 5 - the most serious - meaning that there is a "material risk of healthcare services being overwhelmed".
And while doctors and nurses across the country are warning of wards being at breaking point due to coronavirus, Mr Hardy said that Coventry is coping right now, although he does expect a rise in Covid patients in the coming weeks.
"That (alert level) has come up with the potential overwhelming of the NHS, but that isn't the situation here in Coventry," he said.
"We have seen numbers increasing and they are about the same as we got to in April last year.
"We are anticipating that with infection rates going up locally, over the next two or three weeks we will see numbers (of patients) go up, although I can't see a situation where we can't cope."