COBRE VALLEY REGIONAL MEDICAL CENTER — financial and operating metrics

CCN 031314, GLOBE, AZ · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified252525252525
Total bed days availableunverified9,1509,1259,1259,1259,1509,125
Total facility dischargesunverified1,6621,7471,7071,7101,7331,953
Total facility inpatient daysunverified6,2866,8636,6266,7646,8107,399
Total patient revenue (gross charges)unverified$167,047,390$200,561,936$205,309,799$222,016,005$252,618,979$317,772,422
Contractual allowances and discountsunverified$105,316,249$128,463,368$130,422,054$138,628,731$164,304,113$182,376,099
Net patient revenueunverified$61,731,141$72,098,568$74,887,745$83,387,274$88,314,866$135,396,323
Total operating expensesunverified$65,747,787$75,849,851$82,564,655$89,784,043$99,429,754$112,880,536
Net income from service to patientsunverified$-4,016,646$-3,751,283$-7,676,910$-6,396,769$-11,114,888$22,515,787
Net incomeunverified$4,360,390$12,942,641$11,987,150$14,011,590$16,011,993$33,666,430
Cost of uncompensated careunverified$912,962$1,971,624$1,528,961$1,543,517$2,422,932$4,307,615
Total facility bad debt expenseunverified$2,398,267$5,597,529$3,680,126$3,930,730$6,678,561$12,604,633
Charity care charges and uninsured discountsunverified$56,605$918$344,397$208,757$57,272$112,667
Cost of charity careunverified$21,087$323$130,901$77,894$20,636$38,095
Operating marginunverified-6.5%-5.2%-10.3%-7.7%-12.6%16.6%
Overall cost-to-charge ratiounverified39.4%37.8%40.2%40.4%39.4%35.5%
Occupancy rateunverified68.7%75.2%72.6%74.1%74.4%81.1%
Average length of stayunverified3.83.93.94.03.93.8
Uncompensated care as % of operating expenseunverified1.4%2.6%1.9%1.7%2.4%3.8%
Charity care cost-to-charge ratiounverified37.3%35.2%38.0%37.3%36.0%33.8%
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