Record, 24 June 2026 · CMS certification number 031314
COBRE VALLEY REG. MEDICAL CENTER: finances, community benefit and executive pay, one hospital
COBRE VALLEY REG. MEDICAL CENTER, a 340B-registered hospital in GLOBE, AZ, filed a Medicare cost report processed 2026-06-24 reporting net patient revenue of $135,396,323 against total operating expenses of $112,880,536, over 25 beds. The same filing reports charity care, at cost, of $38,095. Its IRS Form 990 Schedule H, for tax year 2023, reports total community benefit expense of $13,661,442, 15.2% of total expense. That same Form 990 filing's highest-reported executive or director pay, among 15 people the filing lists, went to Patrick Law, Physician, at $588,169 in reportable compensation from the organization. The cost report and the Form 990 are filed to different agencies under different rules; the two are matched here by the street address and ZIP code they share, since the cost report carries no employer identification number.
Figures cited
| Figure | As filed | Source |
|---|---|---|
| Net patient revenue | 135396323 | hosp_cost_reports.net_patient_revenue |
| Total operating expenses | 112880536 | hosp_cost_reports.total_operating_expenses |
| Total facility beds | 25 | hosp_cost_reports.total_facility_beds |
| Charity care, at cost | 38095 | hosp_cost_reports.charity_care_cost |
| Total community benefit expense | 13661442 | hlth340b_schedule_h_community_benefit.total_community_benefit_cost |
| Community benefit, percent of total expense | 0.1521 | hlth340b_schedule_h_community_benefit.total_community_benefit_pct |
| Reportable compensation from the organization | 588169 | hlth340b_officer_pay.reportable_comp_from_org |
Full record: the cost-report record for CMS certification number 031314. Every figure above is printed as its source document printed it.