COVID Stimulus Watch Individual Entry

Recipient Company:

BIO-MEDICAL APPLICATIONS OF GEORGIA, INC.

Loan or Loan Guarantee Amount:

$500,853

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: FMS)

Facility City: ATLANTA

Facility State: GA

Award Date: Dec 9, 2020

Award Type: loan

Award Details: CMS National Provider Identifier: 1043322860

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:

Parent Company: Fresenius

Headquartered in: Germany

Parent Sector: healthcare services

Parent Industry: healthcare services

Employees (prior to pandemic): 120,659

Employment-related Penalties: $980,000

Government-contracting-related Penalties: $87,842,592

Environmental / Healthcare / Safety Penalties: $305,152,367

Consumer Protection / Financial / Competition-related Penalties: $235,215,273

CEO Compensation: $5,798,000

Total Federal, State, and Local Subsidies: $12,836,016