Cobre Valley Regional Medical Center

Cobre Valley Regional Medical Center, located at 5880 South Hospital Drive in Globe, AZ, has been serving the community for nearly 100 years. As a critical access, non-profit hospital with 25 beds, we provide comprehensive healthcare with state-of-the-art technology and a modern atmosphere. Our services include emergency care, surgery, obstetrics, and specialized treatments such as cardiology, oncology, and orthopedics. With a patient-centered approach, CVRMC is dedicated to delivering quality, efficient, and compassionate care to the Copper Corridor area and beyond.

Identifiers

Hospital Name Cobre Valley Regional Medical Center
Facility ID 031314

Location

Address 5880 SOUTH HOSPITAL DRIVE
City/Town Globe
State AZ
ZIP Code 85501
County/Parish GILA

Health System

Health System Independent
Health System Website Domain cvrmc.org
Recently Joined Health System (Past 4 Years) No

Health System Size & Scope

Health System Total Hospitals 1
Health System Total Beds 25
Health System Hospital Locations Arizona

Ownership & Characteristics

Hospital Type Critical Access Hospitals
Hospital Ownership Voluntary non-profit - Private
Ownership Details Voluntary non-profit
Emergency Services Yes

Neal Jensen

Chief Executive Officer

Neal Jensen has been the CEO of Cobre Valley Regional Medical Center since 2008. [5] Previously, he served 10 years as the Chief Financial Officer for CVRMC, making significant financial improvements. [5] Under his leadership, new services have been established to provide close-to-home access for patients. [5] He has served in leadership roles at local, state, and national healthcare organizations. [5] Family and church are important aspects of his life, and he and his wife have made Globe-Miami their home and raised three children there. [5] He was also mentioned as AzHHA Board chair and CEO of Cobre Valley Regional Medical Center in March 2024. [17]

Harold Dupper

Chief Financial Officer

Harold Dupper, Interim Chief Financial Officer, has 30 years of experience in healthcare finance and leadership roles, predominantly with acute care organizations. [4, 12] Prior to focusing on healthcare finance, he spent four years in public accounting. [4] He holds a Bachelor of Science in Business Administration (Accounting) and a Masters of Taxation. [4] He has experience from Ball Health and Platte Valley Medical Center in Colorado and has been involved in community and professional activities. [4] His professional credentials include CHFP, CPA (Oregon), AICPA, Colorado Society of CPAs, and CGMA. [4] He was mentioned as Interim CFO in January 2024 in relation to the financial impact of vaccine distribution. [27]

Joy Peery

Chief Nursing Officer

Joy Peery is the Chief Nursing Officer at Cobre Valley Regional Medical Center. [28] She is also mentioned as Joy Peery, BSN, RN, chief nursing officer – Cobre Valley Regional Medical Center in a report about a nurse education investment pilot program. [18] No detailed biographical background was found in the provided search results.

Dr. Peter Seipel

Chief Medical Officer

Dr. Peter Seipel is the Chief Medical Officer at Cobre Valley Regional Medical Center. [28] He has over 26 years of experience in Orthopedic care. [3, 9] He earned his Doctor of Medicine from St. Louis University School of Medicine and completed his residency in the Phoenix Orthopedic Residency Program at Maricopa County Medical Center. [3, 9] He is a Diplomate of the American Board of Orthopedic Surgery and specializes in Sports Medicine, Adult Reconstruction, and Basic Orthopedic Trauma. [3, 9]

Frank Stapleton

Chief Clinical Operations Officer

Frank Stapleton has been with Cobre Valley Regional Medical Center since 2002. [6, 9] As Chief Clinical Operations Officer, he has been involved in recruiting specialty physicians, overseeing hospital-owned clinics, and converting primary clinics to provider-based Rural Health Clinics. [9] He is responsible for several provider-based Rural Health Clinics encompassing multiple specialties. [9] He assists other Arizona hospitals with Rural Health program development and directs revenue cycle improvement projects. [9] He is a Registered Nurse and is involved in the community. [9] He was also mentioned as chief clinical operations officer in March and February 2024 in the context of legislative efforts. [17, 19]

Preston Pollock

Chief Operating Officer

Preston Pollock, MBA, JD, has been with Cobre Valley Regional Medical Center since 2016. [10, 15] He oversees the Human Resources and IT departments and serves as in-house counsel. [10, 15] He and his wife grew up in rural Arizona. [10, 15] His previous positions include Vice President of Human Resources and General Counsel for a national non-profit consulting organization. [10, 15] He was also mentioned as Chief Operating Officer in February 2024 in relation to delivering testimony in support of a bill. [19] Another source from 2022 mentions him as in-house counsel for CVRMC in relation to a community pool project. [20]

Residency Programs

Allopathic Residency Program No
Dental Residency Program No
Osteopathic Residency Program No
Other Residency Programs No
Pediatric Residency Program No

Capacity & Services

Licensed Beds 25

Staffing & Personnel

FTE Employees on Payroll 278.4
FTE Interns & Residents NA

Inpatient Utilization

Inpatient Days (Title V) NA
Inpatient Days (Title XVIII) 2000
Inpatient Days (Title XIX) 2006
Total Inpatient Days 6626
Bed Count 25
Available Bed Days 9125
Discharges (Title V) NA
Discharges (Title XVIII) 518
Discharges (Title XIX) 591
Total Discharges 1707

Adult & Pediatric Subtotal

Inpatient Days (Title V; Adults & Peds) NA
Inpatient Days (Title XVIII; Adults & Peds) 1633
Inpatient Days (Title XIX; Adults & Peds) 1499
Total Inpatient Days (Adults & Peds) 5597
Bed Count (Adults & Peds) 21
Available Bed Days (Adults & Peds) 7665
Discharges (Title V; Adults & Peds) NA
Discharges (Title XVIII; Adults & Peds) 518
Discharges (Title XIX; Adults & Peds) 591
Total Discharges (Adults & Peds) 1707

Quality Summary

Care Quality Stengths Average overall patient satisfaction. The hospital is average in every measured mortality rate Hospital has a low ER wait and treatment time of less than 2 hours
Care Quality Concerns

Hospital Overall Rating

Patient Experience Star Ratings

Nurse Communication – Star Rating
Doctor Communication – Star Rating
Staff Responsiveness – Star Rating
Communication About Medicines – Star Rating
Discharge Information – Star Rating
Care Transition – Star Rating
Cleanliness – Star Rating
Quietness – Star Rating
Overall Hospital Rating – Star Rating
Recommend Hospital – Star Rating

Recommendation Percentage

Percent of Patients Who Definitely Recommend the Hospital 65%

Mortality Group Indicators

Mortality Group – Rate of Complications for Hip/Knee Replacement Patients
Mortality Group – Death Rate for Heart Attack Patients No Different Than National Average
Mortality Group – Death Rate for CABG Surgery Patients
Mortality Group – Death Rate for COPD Patients No Different Than National Average
Mortality Group – Death Rate for Heart Failure Patients No Different Than National Average
Mortality Group – Death Rate for Pneumonia Patients No Different Than National Average
Mortality Group – Death Rate for Stroke Patients
Mortality Group – Pressure Ulcer Rate
Mortality Group – Death Rate Among Surgical Inpatients With Serious Treatable Complications
Mortality Group – Iatrogenic Pneumothorax Rate
Mortality Group – In-Hospital Fall with Hip Fracture Rate
Mortality Group – Postoperative Hemorrhage or Hematoma Rate
Mortality Group – Postoperative Acute Kidney Injury Requiring Dialysis Rate
Mortality Group – Postoperative Respiratory Failure Rate
Mortality Group – Perioperative Pulmonary Embolism or Deep Vein Thrombosis Rate
Mortality Group – Postoperative Sepsis Rate
Mortality Group – Postoperative Wound Dehiscence Rate
Mortality Group – Abdominopelvic Accidental Puncture or Laceration Rate
Mortality Group – CMS Medicare PSI 90: Patient Safety and Adverse Events Composite

Timely & Effective Care

Timely and Effective Care: Average (Median) Time in the Emergency Department Before Leaving (Lower Is Better) 108

Readmission Scores & Groups

Readmission Score Hospital Return Days for Heart Attack Patients 9
Readmission Score Hospital Return Days for Heart Failure Patients 24
Readmission Score Hospital Return Days for Pneumonia Patients -18.3
Readmission Score Rate of Unplanned Hospital Visits After Colonoscopy (per 1,000 Colonoscopies) 13.1
Readmission Score Rate of Inpatient Admissions for Patients Receiving Outpatient Chemotherapy 10.5
Readmission Score Rate of Emergency Department (ED) Visits for Patients Receiving Outpatient Chemotherapy 6.4
Readmission Score Ratio of Unplanned Hospital Visits After Hospital Outpatient Surgery 1.1
Readmission Score Acute Myocardial Infarction (AMI) 30-Day Readmission Rate 13.5
Readmission Score Rate of Readmission for CABG Not Available
Readmission Score Rate of Readmission for Chronic Obstructive Pulmonary Disease (COPD) Patients 17.6
Readmission Score Heart Failure (HF) 30-Day Readmission Rate 20.8
Readmission Score Rate of Readmission After Hip/Knee Replacement Not Available
Readmission Score Rate of Readmission After Discharge From Hospital (Hospital-Wide) 15
Readmission Score Pneumonia (PN) 30-Day Readmission Rate 16.8
Readmission Group Hospital Return Days for Heart Attack Patients Average Days per 100 Discharges
Readmission Group Hospital Return Days for Heart Failure Patients Average Days per 100 Discharges
Readmission Group Hospital Return Days for Pneumonia Patients Average Days per 100 Discharges
Readmission Group Rate of Unplanned Hospital Visits After Colonoscopy (per 1,000 Colonoscopies) No Different Than the National Rate
Readmission Group Rate of Inpatient Admissions for Patients Receiving Outpatient Chemotherapy No Different Than the National Rate
Readmission Group Rate of Emergency Department (ED) Visits for Patients Receiving Outpatient Chemotherapy No Different Than the National Rate
Readmission Group Ratio of Unplanned Hospital Visits After Hospital Outpatient Surgery No Different than expected
Readmission Group Acute Myocardial Infarction (AMI) 30-Day Readmission Rate No Different Than the National Rate
Readmission Group Rate of Readmission for CABG Not Available
Readmission Group Rate of Readmission for Chronic Obstructive Pulmonary Disease (COPD) Patients No Different Than the National Rate
Readmission Group Heart Failure (HF) 30-Day Readmission Rate No Different Than the National Rate
Readmission Group Rate of Readmission After Hip/Knee Replacement Number of Cases Too Small
Readmission Group Rate of Readmission After Discharge From Hospital (Hospital-Wide) No Different Than the National Rate
Readmission Group Pneumonia (PN) 30-Day Readmission Rate No Different Than the National Rate

Infection SIRs

CLABSI SIR (Standardized Infection Ratio) NA
CAUTI SIR (Standardized Infection Ratio) NA
SSI SIR (Standardized Infection Ratio) NA
CDI SIR (Standardized Infection Ratio) NA
MRSA SIR (Standardized Infection Ratio) NA

Fiscal Period

Fiscal Year Begin Jan 01, 2022
Fiscal Year End Dec 31, 2022

Charity & Uncompensated Care ($ thousands)

Charity Care Cost $131
Bad Debt Expense $3,680
Uncompensated Care Cost $1,529
Total Uncompensated Care $1,529

Operating Expenses ($ thousands)

Total Salaries $30,272
Overhead Expenses (Non-Salary) $52,693
Depreciation Expense $2,546
Total Operating Costs $77,649

Charges ($ thousands)

Inpatient Charges $61,326
Outpatient Charges $142,965
Total Patient Charges $204,291

Wage-Related Details ($ thousands)

Core Wage Costs
Wage Costs (RHC/FQHC)
Adjusted Salaries
Contract Labor (Patient Care)
Wage Costs (Part A Teaching)
Wage Costs (Interns & Residents)

Balance Sheet – Current Assets ($ thousands)

Cash & Bank Balances $87,725
Short-Term Investments
Notes Receivable
Accounts Receivable $38,032
Allowance for Doubtful Accounts $-30,518
Inventory $2,520
Prepaid Expenses $1,155
Other Current Assets $162
Total Current Assets $99,437

Balance Sheet – Fixed Assets ($ thousands)

Land Value $947
Land Improvements Value $4,302
Building Value $53,299
Leasehold Improvements
Fixed Equipment Value
Major Movable Equipment $38,339
Minor Depreciable Equipment
Health IT Assets
Total Fixed Assets $36,086

Balance Sheet – Other Assets ($ thousands)

Long-Term Investments $2,440
Other Assets $144
Total Other Assets $2,584
Total Assets $138,107

Balance Sheet – Current Liabilities ($ thousands)

Accounts Payable $3,186
Salaries & Wages Payable $27,142
Payroll Taxes Payable
Short-Term Debt
Deferred Revenue
Other Current Liabilities
Total Current Liabilities $30,328

Balance Sheet – Long-Term Liabilities ($ thousands)

Mortgage Debt
Long-Term Notes Payable $30,045
Unsecured Loans
Other Long-Term Liabilities $4,061
Total Long-Term Liabilities $34,106
Total Liabilities $64,434

Balance Sheet – Equity ($ thousands)

General Fund Balance $73,673
Total Fund Balances $73,673
Total Liabilities & Equity $138,107

DRG & Program Payments ($ thousands)

DRG (Non-Outlier)
DRG (Pre-Oct 1)
DRG (Post-Oct 1)
Outlier Payments
DSH Adjustment
Eligible DSH %
Simulated MC Payments
Total IME Payments

Revenue & Income Statement ($ thousands)

Inpatient Revenue $61,747
Outpatient Revenue $143,563
Total Patient Revenue $205,310
Contractual Allowances & Discounts $130,422
Net Patient Revenue $74,888
Total Operating Expenses $82,565
Net Service Income $-7,677
Other Income $19,664
Total Income $11,987
Other Expenses
Net Income $11,987

Ratios & Program Revenues ($ thousands)

Cost-to-Charge Ratio $0
Net Medicaid Revenue $21,673
Medicaid Charges $64,454
Net CHIP Revenue
CHIP Charges

EHR Information

EHR MEDITECH Expanse
EHR Version Expanse
EHR is Changing No

ERP Information

ERP MEDITECH
ERP Version NA
EHR is Changing No