COVID Stimulus Watch Individual Entry
Recipient Company:
COMMUNITY HEALTH SYSTEMS, INC.
Loan or Loan Guarantee Amount:
$4,620,740
Recipient Details
Ownership Structure: publicly traded (ticker symbol CYH)
Facility Street Address: 252 Rural Acres Drive
Facility City: BECKLEY
Facility State: WV
Facility Zip Code: 25801
Facility Congressional District: WV-03
Facility NAICS Code: 621498 : All Other Outpatient Care Centers
Award Details
Award Date: Apr 7, 2020
Award Type: loan
Jobs Reported at Time of Application: 343
PPP Lender: JPMorgan Chase Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia
Parent Company Data
Parent Company: Community Health Systems
Headquartered in: Tennessee
Parent Sector: healthcare services
Parent Industry: hospitals
Employees (prior to pandemic): 80,000
Accountability Issues Since 2010
Employment-related Penalties: $2,033,583
Government-contracting-related Penalties: $477,996,770
Environmental / Healthcare / Safety Penalties: $90,000
Consumer Protection / Financial / Competition-related Penalties: $5,000,000
Ratio of CEO Pay to that of Median Worker: 151 to 1
CEO Compensation: $8,064,410
Worker Median Pay: $53,461
Total Federal, State, and Local Subsidies: $187,467,272
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues