COVID Stimulus Watch Individual Entry
Recipient Company:
1 MAGNOLIA DRIVE OPERATIONS LLC
Grant Amount:
$1,276,198
Recipient Details
Ownership Structure: publicly traded (ticker symbol GEN)
Facility Name: LA PLATA CENTER
Facility City: TOWSON
Facility State: MD
Award Details
Award Date: Aug 18, 2021
Award Type: grant
Program Name: Provider Relief Fund - General Distribution ($500,000 and up)
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://data.cdc.gov/Administrative/HHS-Provider-Relief-Fund/kh8y-3es6
Parent Company Data
Parent Company: Genesis HealthCare
Headquartered in: Pennsylvania
Parent Sector: healthcare services
Parent Industry: skilled nursing facilities
Employees (prior to pandemic): 55,000
Accountability Issues Since 2010
Employment-related Penalties: $1,099,549
Government-contracting-related Penalties: $54,239,288
Environmental / Healthcare / Safety Penalties: $809,770
Consumer Protection / Financial / Competition-related Penalties: $60,000
Ratio of CEO Pay to that of Median Worker: 95 to 1
CEO Compensation: $2,995,231
Worker Median Pay: $31,654
Total Federal, State, and Local Subsidies: $185,490
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