COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:  Amisub Of South Carolina, Inc.
Parent Company:  Tenet Healthcare
Award Date:  May 8, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $37,262,786
Awarding Agency:  Centers for Medicare and Medicaid Services
Program Name:  Medicare Accelerated and Advance Payment Program ($500,000 and up)
Facility State:  SC

Parent Company Data

Ownership Structure:  publicly traded (ticker symbol THC)
Headquartered in:  Texas
Parent Sector:  healthcare services
Parent Industry:  healthcare services
Employees (prior to pandemic):  113,600

Parent Accountability Issues Since 2010

Employment-related Penalties:  $42,488,717
Federal Corporate Income Tax Rate:  -2.4%
Government-contracting-related Penalties:  $605,260,000
Environmental / Healthcare / Safety Penalties:  $307,200
Consumer Protection / Financial / Competition-related Penaties:  $120,000
Ratio of CEO Pay to that of Median Worker:  452 to 1
CEO Compensation:  $24,288,660
Worker Median Pay:  $53,714