COVID Stimulus Watch Individual Entry
Recipient Company:
FRESENIUS MEDICAL CARE COMMONWEALTH NEPHROLOGY LLC
Grant Amount:
$73
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: FMS)
Facility City: WALTHAM
Facility State: MA
Award Details
Award Date: Feb 4, 2022
Award Type: grant
Award Details: Award amount is claims paid for vaccine
Program Name: COVID-19 Coverage Assistance Fund: Claims Reimbursement to Health Care Providers and Facilities for Services to the Underinsured
Legislation: ARPA
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://data.cdc.gov/Administrative/Claims-Reimbursement-to-Health-Care-...
Parent Company Data
Parent Company: Fresenius
Headquartered in: Germany
Parent Sector: healthcare services
Parent Industry: healthcare services
Employees (prior to pandemic): 120,659
Accountability Issues Since 2010
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
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