COVID Stimulus Watch Individual Entry
Note: this award was refunded
Recipient Company:
Kph-Consolidation, Inc.
Grant Amount:
$9,439,986
Recipient Details
Ownership Structure: publicly traded (ticker symbol HCA)
Facility City: Cypress
Facility State: TX
Award Details
Award Date: Oct 27, 2020
Award Type: grant
Program Name: Provider Relief Fund - General Distribution ($500,000 and up)
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://data.cdc.gov/Administrative/HRSA-Provider-Relief-Fund-General-Al...
Parent Company Data
Parent Company: HCA Healthcare
Headquartered in: Tennessee
Parent Sector: healthcare services
Parent Industry: hospitals (for-profit)
Employees (prior to pandemic): 280,000
Accountability Issues Since 2010
Employment-related Penalties: $177,478
Government-contracting-related Penalties: $45,045,842
Environmental / Healthcare / Safety Penalties: $546,440
Consumer Protection / Financial / Competition-related Penalties: $8,600,000
Ratio of CEO Pay to that of Median Worker: 478 to 1
CEO Compensation: $26,788,251
Worker Median Pay: $56,012
Total Federal, State, and Local Subsidies: $82,530,181
Federal Corporate Income Tax Rate: 16.9%
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