COVID Stimulus Watch Individual Entry
Recipient Company:
40 PARKHURST ROAD OPERATIONS LLC
Loan or Loan Guarantee Amount:
$671,504
Recipient Details
Ownership Structure: publicly traded (ticker symbol GEN)
Facility City: CHELMSFORD
Facility State: MA
Award Details
Award Date: Dec 9, 2020
Award Type: loan
Award Details: CMS National Provider Identifier: 1942482765
Program Name: Medicare Accelerated and Advance Payment Program ($500,000 and up)
Legislation: CARES
Awarding Agency: Centers for Medicare and Medicaid Services
Data Source for Award:
https://www.cms.gov/files/document/covid-medicare-accelerated-and-advanc...
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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