dealflow
envelope $200M

← Targets

Cobre Valley Reg. Medical Center

Globe, Gila County, AZ · CCN 031314
Licensed to Cobre Valley Regional Medical Center

Composite
34.4
rank score
Distress
20
FY2023
Fit
64
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin -10% to -5%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$83.4M
Operating margin -7.7%
Total margin 13.5%
Days cash on hand 431
Current ratio 3.21
Occupancy74%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $61.7M $4.4M -6.5% 6.2% 306 3.80 69% 1,662 22
2021 25 $72.1M $12.9M -5.2% 14.6% 397 3.05 75% 1,747 22
2022 25 $74.9M $12.0M -10.3% 12.7% 400 3.28 73% 1,707 28
2023 25 $83.4M $14.0M -7.7% 13.5% 431 3.21 74% 1,710 20

Owners

OwnerRole%SinceType
Alan Osumi corporate director 2015-03
Edward Carpenter corporate director 2008-10
Fernando Shipley corporate director 2004-08
Frank Stapleton w-2 managing employee 2002-01
Jack Bradford corporate director 2022-06
Jendean Sartain corporate director 2005-03
Jody Daggett corporate director 2016-01
Judy Bessee corporate director 2017-02
Neal Jensen corporate officer 1998-07
Nick Renon corporate director 2025-07
Paula Horn corporate director 2024-02
Robert Hollis corporate director 2014-07

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.